For Sale
For Sale
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Overview
Investment property. NOI estimated at $27,238.10 for 2021-2022. 2 Unit retail building. Large unit is 2,215 SF and rear unit is 809 SF. Large unit on a strong NNN lease at $9.21 + NNN. Tenant pays proportionate share of taxes, insurance & CAM. Tenant pays gas, water, electric service, garbage disposal and sewer. Smaller unit is on a modified gross lease month-to-month with units utilities billed to tenant. Tenant has been leasing since 2014. Professional Appraisal in 2018. Opportunity Zone. Roof mounted HVAC unit with evaporative coolers. New roof, gutters and roof insulation in 2018. Ample surface parking.
Property Details
Investment property. NOI estimated at $27,238.10 for 2021-2022. 2 Unit retail building. Large unit is 2,215 SF and rear unit is 809 SF. Large unit on a strong NNN lease at $9.21 + NNN. Tenant pays proportionate share of taxes, insurance & CAM. Tenant pays gas, water, electric service, garbage disposal and sewer. Smaller unit is on a modified gross lease month-to-month with units utilities billed to tenant. Tenant has been leasing since 2014. Professional Appraisal in 2018. Opportunity Zone. Roof mounted HVAC unit with evaporative coolers. New roof, gutters and roof insulation in 2018. Ample surface parking.
- Property TypeRetail
- Sale Price$296,000
- Number of Floors0
- ZoningB-2 Business
- Property ID2171142