Listed by Merrill P. Thomas
$784,000
7860 Airport Blvd
Details
Property Type Retail, Office
Sub Type Bank, Commercial
Square Footage 44,575
Units 5
Tenancy Single
Lease Term 5
Lease Expiration 07/30/2029
Remaining Term 63
Rent Bumps Yes
Lease Options 13 x 5 yr
Pro-Forma Cap Rate 6.00%
Price per SqFt $18
Price Per Acre $766,148
Year Built 1990
Year Renovated 1996
Buildings 1
Stories 1
Acreage 1.040
Zoning B-3
Ground Lease Yes
Retail | 44,575 SqFt
Marketing description
Take advantage of this exceptional ground lease opportunity comprising three lots with a total of approximately 44,575 sq ft. Perfectly positioned on bustling Airport Blvd, a major thoroughfare known for its high traffic and vibrant commercial and retail presence, this property offers unmatched exposure in a thriving business district.
Investment highlights
- 63 Years remaining on the ground lease
- 330’ Frontage on Airport Blvd
- Located at a major intersection of Schillinger & Airport Blvd
- High traffic volume
- Excellent visibility and exposure.
Listing Contacts
Listed by Merrill P. Thomas
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