Listed by J.P. Weigand & Sons Inc.
$900,000
4900 & 4930 E. Lincoln
Details
Property Type Retail
Sub Type Auto Shop, Bar
Square Footage 8,670
Net Rentable (SqFt) 8,670
Cap Rate 8.60%
NOI $77,232
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $104
Class C
Year Built 1970
Buildings 2
Acreage 0.820
Zoning LC
Sale Condition For sale by owner
EAST LINCOLN RETAIL CENTER
Marketing description
Fully leased retail center available for purchase.
4930 E. Lincoln renovated in 2023 with new roof, AC, overhead doors and plumbing.
Financials available upon request.
Offering at 8.26% CAP rate.
Investment highlights
SALE PRICE: $900,000.00
BUILDING SIZE: 8,670 SF
LOT SIZE: 0.82 Acres
OCCUPANCY: 100%
YEAR BUILT: 1970
ZONING: LC
2024 TAXES
Generals: $5,662.99
Specials: $62.50
Listing Contacts
Listed by J.P. Weigand & Sons Inc.
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$77,232.00
$6,436.00/mo
Valuation Metrics
0
DSCR
8.58%
Cap Rate
8.58%
ROI
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