Listed by MO DEEB
$159,900
1561 Bessemer Rd
Details
APN 29-00-07-4-005-001.000
Property Type Retail
Sub Type Auto Shop, Convenience Store
Square Footage 1,848
Net Rentable (SqFt) 1,848
Units 1
Cap Rate 11.26%
NOI $18,000
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 1.6
Lease Expiration 12/31/2025
Rent Bumps No
Price per SqFt $87
Broker Co-Op Yes
Class C
Year Built 1965
Buildings 1
Stories 1
Lot Size (SqFt) 2,712
Zoning B2
Parking Spaces 50 spaces
Parking Per SqFt 27.06
Investment Type Net Lease
Lease Commencement 06/01/2024
Occupancy Date 06/01/2024
Ownership Fee Simple
Retail | 11.26% CAP | 1,848 SqFt
Marketing description
Great Investment with a $1500.00 a month income(month to month)
Billboard lease goes with the sale $3500 per year expiring in 2029
Property is leased as a car wash. No underground tanks have been installed or removed.
Listing Contacts
Listed by MO DEEB
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,000.00
$1,500.00/mo
Valuation Metrics
0
DSCR
11.26%
Cap Rate
11.26%
ROI
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