
101 Bowens Mill Road
MAIN ON MAIN investment opportunity - 18,175 sqft of office & Retail
Investment highlights
MAIN ON MAIN investment opportunity to own a pristine multi-unit plaza located on one of the highest traffic corners in the fast growing Douglas market! Situated on just under 3 acres this property boasts over 18,000 sqft of retail and office space spread over three buildings that is currently leased to medical facilities. Currently 10 total units grossing nearly $150,0000 annually. Tenants have been in place for a number of years allowing for the new owner to add more income with rent increases. One vacant, stand-alone, bank building that would be a fantastic coffee or fast food location. The property is in excellent condition with each unit being well taken care of! Incredible land value with nearly 3 acres! Large paved parking! Projected income with full occupancy and market rents is over $180,000 with a pro forma cap rate of 8%. Potential for instant equity. Call today! Do not disturb tenants! Interior inspection allowed during DDP. Additional photos of interiors available.
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