Listed by Zuvers Real Estate Services
$750,000
2929 E US Highway 40 Highway
Details
APN 42-210-01-15-00-0-00-000
Property Type Office, Industrial
Sub Type Traditional Office, Warehouse
Square Footage 5,103
Cap Rate 6.40%
Tenancy Single
Lease Type Modified
Year Built 1975
Stories 1
Lot Size (SqFt) 25,700
Zoning I
Long term tenant, likely to renew in 2026
Marketing description
There are 2 parcel of land (42-210-01-15-00-0-00-000 & 42-210-01-16-00-0-00-000).The current lease runs till July 31, 2026. There is a 5% rent increase for the last year. There is One (1) year renewal option. Tenants have 1st right of refusal on purchase. The tenant is responsible for all costs related to the parking area maintenance, snow removal, landscaping, trash removal, janitorial services, and security systems on the premises. Landlord shall pay all taxes. office square footage is 4,131 and WH footage is 972.
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Listed by Zuvers Real Estate Services
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