Listed by Century 21 T. K. Realty
$399,900
329-31 N Addison Rd
Details
APN 0328208029
Property Type Retail
Sub Type Storefront, Retail/Stores
Square Footage 2,400
Units 2
Cap Rate 6.09%
NOI $24,340
Occupancy 100%
Tenancy Multi
Lease Type Modified
Remaining Term 12
Year Built 1940
Lot Size (SqFt) 6,232
Zoning RTAIL
Rare opportunity to own this investment In the hart of downtown Addison. Long term tenants
Marketing description
Two storefronts in the heart of Downtown Addison, a high-demand location with strong demographics and excellent visibility. Situated along a busy corridor and just minutes from major highways, this property offers convenience and accessibility for both businesses and customers. Currently fully occupied, this is an ideal investment opportunity with stable income in place, or a perfect choice for an owner-occupant looking to establish their business in a thriving area. The property benefits from high foot traffic, ample parking, and close proximity to restaurants, shops, and community amenities. Whether you're seeking a secure long-term investment or a prime location for your own enterprise, this property delivers on all fronts.
Listing Contacts
Listed by Century 21 T. K. Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,340.00
$2,028.33/mo
Valuation Metrics
0
DSCR
6.09%
Cap Rate
6.09%
ROI
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