Listed by NAI Columbia
$375,000
305 Veterans Road
Details
Property Type Business for Sale, Retail
Sub Type Storefront, Medical Office
Square Footage 2,600
Net Rentable (SqFt) 2,600
Cap Rate 9.00%
NOI $33,600
Occupancy 100%
Tenancy Vacant
Lease Type NNN
Lease Term 5
Rent Bumps No
Lease Options Purchase
Price per SqFt $144
Year Built 1955
Year Renovated 2020,2022,2023
Buildings 1
Acreage 0.320
Zoning C-2
Parking Spaces 14 spaces
Parking Per SqFt 5.38
Ground Lease No
Sale Condition N/A
Move-in Ready Commercial Space with Flexible C-2 Zoning
Marketing description
"PRIME COMMERCIAL PROPERTY" Excellent frontage and accesibility. High traffic counts and strong business exposure. Formerly operated as a day care facility for over 2 years. Suitable for daycare, professional office, medical office, retail, service business, educational facility, or specialty commercial use. Previously Leased for $2800.00 per month NNN. Seller Financing or Lease Purchase considered with approved financing. Please have a Pre-Approval available prior to showing. Owner is a Real Estate Agent in another state.
Investment highlights
Strong Cash-Flow Opportunity with Seller Financing Available
Listing Contacts
Listed by NAI Columbia
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,600.00
$2,800.00/mo
Valuation Metrics
0
DSCR
8.96%
Cap Rate
8.96%
ROI
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