Listed by Unique Properties, Inc
$3,250,000
16800 E Mississippi Ave
Details
Property Type Office, Retail
Sub Type Creative Office, School
Square Footage 16,165
Cap Rate 6.92%
NOI $225,000
Occupancy 100%
Brand/Tenant Empire Beauty School
Lease Expiration 12/31/2027
Remaining Term 1.5
Price per SqFt $201
Year Built 1986
Buildings 1
Stories 2
Acreage 1.390
Zoning MU-C
Freestanding Retail/ Office | 6.92% CAP | 16,165 SqFt on 1.39 AC
Marketing description
Excellent opportunity for an owner-user/ investor looking for a property with a diverse range of permitted uses with the versatile MU-C zoning. Priced below replacement cost. The availability of monument signage enhances visibility and advertising opportunities. Easily accessible and convenient location near retail, restaurants, and entertainment.
Investment highlights
Long Term Tenant - Currently leased as an (NNN) Triple Net basis through 12/31/2027
Roof was replaced in 2018
Parking Ratio of 5.25/1,000 SF
MU-C (Mixed-Use Corridor)
Listing Contacts
Listed by Unique Properties, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$225,000.00
$18,750.00/mo
Valuation Metrics
0
DSCR
6.92%
Cap Rate
6.92%
ROI
Map
Zoning
MU-C MixedMixed UseMixed Use Corridor District
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View all 146 uses
View all 146 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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