“This is an excellent opportunity to acquire this mixed Retail/Office building that is also in excellent condition. This office/retail building has a good mix of great tenants. The current owners have maintained the building and some of the more recent upgrades were heating system, paint, lights, front façade. There is a large parking lot at the rear of the building and plenty of street parking. The projected income for 2022 is $112,020.00, the expenses are projected at $38,640.74. A projected cap rate for 2022 at 11.47%, makes this a great opportunity for you. This would be a great acquisition to add to your portfolio. All leases are single net, owner pays all utilities, taxes, insurance, ect. Show and sell with confidence.”
Transaction Type:
For Sale
Property Type:
Office, Retail
Construction:
Concrete Block
Building Type:
Freestanding, Office Building, See Private Remarks
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