Listed by RE/MAX Perrett Associates
$299,900
Occupied 2 unit commercial buillding
Details
APN 52-9940-32-115-0
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 3,024
Net Rentable (SqFt) 3,024
Units 2
Cap Rate 0.87%
NOI $2,600
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 5
Lease Expiration 08/01/2028
Remaining Term 2.1
Rent Bumps No
Lease Options none
Price per SqFt $99
Year Built 1992
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.260
Zoning B1
Parking Spaces 20 spaces
Parking Per SqFt 6.61
Investment Type Net Lease
Lease Commencement 08/01/2023
Occupancy Date 09/01/2023
Ground Lease No
Ownership Proprietorship
Retail | 0.87% CAP | 3,024 SqFt
Marketing description
Commercial unit across from Lakeview Jr High School. Each unit is rented for $1,300 each side. 20+ parking spaces, tenants pay gas, electric, water, and garbage. Corner location on Columbia and 28th St with traffic lights. Great location, call and see it today!
Listing Contacts
Listed by RE/MAX Perrett Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,600.00
$216.67/mo
Valuation Metrics
0
DSCR
0.87%
Cap Rate
0.87%
ROI
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