Listed by U.S. Commercial Realty
$1,795,000
701 Cumberland Street
Details
APN 04-2338530-369393-0000
Property Type Office, Retail
Sub Type Traditional Office, Storefront
Square Footage 19,547
Cap Rate 8.73%
NOI $156,697
Occupancy 77%
Tenancy Multi
Brand/Tenant Majik Rent-to-Own, Jackson Hewitt Tax Services
Rent Bumps Yes
Price per SqFt $107
Buildings 1
Stories 2
Acreage 0.490
Zoning CD - Central Business District
Retail/Office | 8.73% CAP | 19,547 SqFt
Marketing description
Freestanding commercial/office building in the heart of Lebanon City.
Investment highlights
- Freestanding commercial/office building in the heart of Lebanon City.
- The first floor is comprised of three (3) leased spaces occupied by Majik Rent-to-Own, Jackson Hewitt Tax Services and Awaken the Harvest Ministries.
- The second floor is comprised of eleven (11) individual offices which are combinable and offer a shared conference room space and kitchenette.
- Includes an off-street parking lot.
Listing Contacts
Listed by U.S. Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,697.00
$13,058.08/mo
Valuation Metrics
0
DSCR
8.73%
Cap Rate
8.73%
ROI
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Tax History
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