Listed by First Commercial Real Estate Services
$1,395,000
The Sloper Building
Details
APN 07321-DC-10800
Property Type Retail
Sub Type Bar, Shopping Center
Square Footage 7,940
Cap Rate 7.58%
NOI $105,706
Occupancy 71%
Tenancy Multi
Lease Type NNN
Price per SqFt $168
Year Built 1940
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.230
Zoning ESMU
Investment Type Owner/User
Retail building located along the Edgewater Street corridor.
Marketing description
Retail building located along the Edgewater Street corridor. The building is divided into three separately leased spaces - Max & Ro Hair Design and The Vault. Max & Ro went through a major renovation in 2016; The Vault and former Old Zen Wine Bar went through renovations in 2020. The Vault includes a full kitchen with hood. Recent upgrades to the building include a new roof in 2024.
Listing Contacts
Listed by First Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,706.00
$8,808.83/mo
Valuation Metrics
0
DSCR
7.58%
Cap Rate
7.58%
ROI
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