This property is in excellent condition with no deferred maintenance needed. The tenant is a government agency that has a lucrative lease with the intent to continue leasing for many years. The cap rate is 8.6% and additional financial information will be provided upon request. Note that this property is part of a larger portfolio consisting of five (5) different properties-three of which are leased by government agencies, one by a medical facility, and one that has five duplexes. The entire portfolio can be purchased at a reduced price. There is an additional lot across the street that is used for additional parking.
Property Type | Commercial-Other |
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Year Built | 2012 |
Listing ID | T7RFFT |
MLS ID | 50020 |
Style | Other Style |
Building Size | 2,400 SF |
Taxes | $2,408 |
Directions: Property is on Main Street, one block in from St. Regis Blvd.
Parking Places: | 11 |
Age: | 11-20 Years Old |
Water: | Municipal Water |
Sewer: | Public |