Listed by Performance Real Estate Services
$1,040,000
2902 Highway 53 East
Details
Property Type Industrial, Mixed Use
Sub Type Distribution, Flex
Square Footage 6,288
Units 2
Cap Rate 7.51%
NOI $78,120
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Year Built 1996 2020
Year Renovated 2020
Buildings 1
Stories 1
Acreage 3.000
Zoning NC
Investment Type Net Lease
Pickens County Commercial Investment Opportunity
Marketing description
Excellent investment opportunity. Long term NNN Tenants. New 6 Year NNN Leases effective 3/1/2026! Annual 5% escalations or CPI. Building is well maintained and freshly remodeled. This is easily managed and a great entry level or 1031 opportunity! Tenants consist of repair shop and distributor. DO NOT DISTURB TENANTS! Leases do allow a 30 day termination clause from date of purchase for a owner occupier. New HVAC and Roof Coatings!
Owner Financing with Right Terms!
Listing Contacts
Listed by Performance Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,120.00
$6,510.00/mo
Valuation Metrics
0
DSCR
7.51%
Cap Rate
7.51%
ROI
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