For Sale
For Sale
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Year Built
1991
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Overview
Confidential Commercial Listings
COMMERCIAL PROPERTY ON CORNER WITH MEDICAL BUILDING BUILT IN 1991 WITH NEW ROOF 2017 AND ADDITIONAL LOT AND RENTAL FOR ADDITIONAL INCOME AND LAND FOR FUTURE DEVELOPMENT. NATIONAL CHAIN CURRENTLY HAS TRIPLE NET LEASE OF COMMERCIAL CORNER LOT. CURRENT TENANT HAS BEEN IN PLACE FOR A 5 YEAR LEASE TERM AND HAS JUST RENEWED 5 YEAR TERM AND HAS ADDITIONAL 5 YEAR OPTION. CAP RATE AVG OVER 9% AND HAS COST ESCALATION FOR FUTURE LEASE OPTION.
Property Details
Confidential Commercial Listings
COMMERCIAL PROPERTY ON CORNER WITH MEDICAL BUILDING BUILT IN 1991 WITH NEW ROOF 2017 AND ADDITIONAL LOT AND RENTAL FOR ADDITIONAL INCOME AND LAND FOR FUTURE DEVELOPMENT. NATIONAL CHAIN CURRENTLY HAS TRIPLE NET LEASE OF COMMERCIAL CORNER LOT. CURRENT TENANT HAS BEEN IN PLACE FOR A 5 YEAR LEASE TERM AND HAS JUST RENEWED 5 YEAR TERM AND HAS ADDITIONAL 5 YEAR OPTION. CAP RATE AVG OVER 9% AND HAS COST ESCALATION FOR FUTURE LEASE OPTION.
- Property TypeOffice
- Year Built1991
- Sale Price$1,200,000
- Total Building Size1RSF
- Number of Floors0
- Property ID2033777