For Sale
For Sale
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Overview
98% leased with over 70% of GLA occupied by national tenants – Autozone & Family Dollar
Priced significantly below replacement value at just $127/sf on improvements
Delivered free and clear of debt with the ability to source new financing at today’s historically low rates
All tenants on triple-net leases including management fee reimbursement: Limited landlord responsibilities
Two parcels on over 4.25 acres, with Arco gas station pad ground lease
Professionally managed: Low deferred maintenance & attractive landscaping
Ability to add value through leasing of vacant unit & collection of scheduled rent increases
Property Details
98% leased with over 70% of GLA occupied by national tenants – Autozone & Family Dollar
Priced significantly below replacement value at just $127/sf on improvements
Delivered free and clear of debt with the ability to source new financing at today’s historically low rates
All tenants on triple-net leases including management fee reimbursement: Limited landlord responsibilities
Two parcels on over 4.25 acres, with Arco gas station pad ground lease
Professionally managed: Low deferred maintenance & attractive landscaping
Ability to add value through leasing of vacant unit & collection of scheduled rent increases
- Property TypeRetail, Office
- Sale Price$6,250,000
- Total Building Size49,097RSF
- Cap Rate6.5%
- Number of Floors1
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID1285093