Listed by Your 3A Team | Bray Real Estate
$700,000
120 N Railroad Ave
Details
Property Type Mixed Use, Office
Sub Type Traditional Office
Square Footage 9,984
Cap Rate 7.75%
NOI $54,243
Occupancy 75%
Tenancy Single
Brand/Tenant USPS
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 1982
Buildings 1
Stories 2
Acreage 0.290
Zoning Commercial
Parking Spaces spaces
Investment Type Net Lease
Mixed Use | 7.75% CAP | 9,984 SqFt
Marketing description
Downtown Parachute investment property – 6 % + cap rate. Two-story commercial building in the heart of downtown Parachute, fully leased with solid rental income. The main floor is divided between two tenants, one occupying two-thirds of the space and the other utilizing the remaining third, which includes a private bathroom and sink area, The second floor features multiple office suites of varying sizes, shared restrooms, a kitchenette, and a large conference room. This property offers stable tenants and a strong return.
Listing Contacts
Listed by Your 3A Team | Bray Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,243.00
$4,520.25/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
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