Listed by RE/MAX Real Estate Associates
$1,360,000
508 E Southway Boulevard
Details
APN 34-10-18-101-034.000-002
Property Type Industrial
Sub Type Warehouse
Square Footage 4,791
Cap Rate 7.80%
NOI $105,630
Tenancy Multi
Lease Type NNN
Year Built 2009
Buildings 2
Acreage 0.870
Zoning C-2
Parking Spaces 50 spaces
Parking Per SqFt 10.44
Industrial | 7.80% CAP | 4,791 SqFt
Marketing description
This 2-tenant building located on high traffic - Southway Blvd. is longtime home of ATI Physical Therapy and recently home of a very experienced restaurant with multiple locations. NOI of $105,630 (7.8% Cap Rate). Property in great condition and great investment opportunity. Contact LA. ATI NNN Lease 55% & Ramen Tea set NNN contribution of $17,124 toward TX, CAM, Insurance. Leaving owner with only $1,100 expenses per year.
Listing Contacts
Listed by RE/MAX Real Estate Associates
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,630.00
$8,802.50/mo
Valuation Metrics
0
DSCR
7.77%
Cap Rate
7.77%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
