Listed by CMP Real Estate Group
$459,000
Papa’s Pizza
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,500
Cap Rate 6.36%
NOI $29,218
Tenancy Single
Lease Expiration 02/27/2027
Price per SqFt $184
Parking Spaces 16 spaces
Parking Per SqFt 6.40
Lease Commencement 01/02/2024
Retail | 6.36% CAP | 2,500 SqFt
Marketing description
For Sale
Investment highlights
- This property offers investors the stability of a long-term single tenant that has been operating for nearly 15 years at this same location.
- Located on a hard corner, with a light at the intersection, any investor will take advantage of high visibility and maximize the potential for success.
- There is very low maintenance with this single tenant property, where the tenant is responsible for operating and maintaining the site, while an investor can enjoy a more hands-off approach.
Listing Contacts
Listed by CMP Real Estate Group
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$29,218.00
$2,434.83/mo
Valuation Metrics
0
DSCR
6.37%
Cap Rate
6.37%
ROI
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