Listed by Bull Realty, Bracket Real Estate
$350,000
$37,800 5 Year- Average NOI | Grocery Retail | New Lease
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 8,767
Cap Rate 10.8%
NOI $37,800
Occupancy 100%
Tenancy Single
Lease Term 4.9
Lease Expiration 03/31/2031
Remaining Term 4.8
Rent Bumps Yes
Price per SqFt $40
Year Built 1987
Acreage 0.650
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 05/01/2026
Ground Lease No
Sale Condition N/A
Grocery/Market Retail Investment | High Cap Rate | New Lease
Marketing description
The ±8768 SF one-story building is fully leased with an operating grocery store on a five-year lease term.
Investment highlights
Please review all due diligence and bid at
Listing Contacts
Listed by Bull Realty, Bracket Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,800.00
$3,150.00/mo
Valuation Metrics
0
DSCR
10.8%
Cap Rate
10.8%
ROI
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