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Property Details
> 36,250 SF (0.88 acres of land)
> 25,000 SF gross building area
> Approximately 75 parking stalls
> Downtown Commercial, C2
> Foreign Trade Zone 173
> Current NOI = 38,613 at 55% occupancy
> Potential NOI at 100% occupancy = $93,048
> 41% cash on cash return!
OFFERED AT $599,000
> New insulated Gelcap roof
> All new windows
> Updated mechanical systems
> Two tenants in place
> 2nd floor - entertainment space, clear span, currently hosting two events per month
> Strong upsides in rents and leasing the vacant space
- Property TypeRetail
- Submarket
- Total Building Size25,000RSF
- Total Acres0.88
- Number of Floors2
- Number of Buildings1
- ZoningC2
- Property ID346870
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