Madison Bay Commercial
Listed by Madison Bay Commercial, Madison Bay Commercial, LLC
$1,250,000
844 6th St
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 4,024
Cap Rate 6.05%
Tenancy Single
Lease Type NNN
Lot Size (SqFt) 9,148
Parking Spaces 16 spaces
Parking per 1,000 SqFt 3.98
Retail | 6.05% CAP | 4,024 SqFt
Marketing description
Outstanding opportunity to own a fully leased
Restaurant property with strong income and
minimal landlord responsibilities.
Investment highlights
- Asking Price: $1,250,000
- Cap Rate: Approx. 6.05%
- Lease Type: NNN (tenant covers all expenses)
- Lease Terms: 5/5/5 option in place
- Single-Tenant Property
- 1,458 Sf Restaurant Space +2,566 Sf Outdoor Deck
- 9,148 Sf Land Area
- 16 Parking Stalls
- Corner Lot
- Well-maintained Property With Excellent Visibility
- High-traffic Corridor With Strong Daily Car Counts
- Surrounded By National Retailers, Restaurants, And Service Businesses
- Dense Residential Neighborhoods Within Minutes
- Growing Area With Strong Demographics And Consumer Demand
- True Nnn Lease – Hassle-free Ownership
- Long-term Tenant With Multiple Option Periods
- Excellent Location For Consistent Customer Traffic
Listing Contacts
Madison Bay Commercial
Listed by Madison Bay Commercial, Madison Bay Commercial, LLC
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