Listed by Highmark Real Estate
$2,500,000
COMMERICAL BUILDING FOR SALE
Details
Property Type Retail
Sub Type Restaurant
Net Rentable (SqFt) 9,000
Units 1
Cap Rate 5.76%
NOI $144,000
Occupancy 100%
Tenancy Single
Lease Expiration 08/01/2025
Rent Bumps Yes
Year Built 1968
Year Renovated 2022
Buildings 1
Stories 3
Zoning N/A
Parking Spaces 55 spaces
Investment Type Net Lease
Retail | 5.76% CAP
Marketing description
Excellent opportunity to own building, liquor license, and equipment in prime upscale community with established tenant location has been a restaurant for 30 plus years
Listing Contacts
Listed by Highmark Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo
Valuation Metrics
0
DSCR
5.76%
Cap Rate
5.76%
ROI
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