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
Zoning
C2 CommercialGeneral CommercialMedium To Large Scale General Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 63 uses
View all 63 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
