Property Information:
This property presents a remarkable opportunity for investors, featuring a fully leased and well-maintained space occupied by a AAA tenant. With a double net rent of $31,000 per year and a long-term lease that extends until April 30th, 2027, along with options for multiple renewals, it stands as an appealing choice. The property's approx 6% CAP rate promises an excellent return and is strategically situated in a high-density area. Additionally, the lease agreement includes a base rent escalation. The Seller is highly motivated to sell and is excited to showcase this valuable opportunity, so be sure not to miss out! (id:27)
Building Features:
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Style:
Business
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Air Conditioning:
Yes
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Floor Space:
6133.5 sqft
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Fully air conditioned