14030 Bank St # 4
Retail | 7.00% CAP | 3,800 SqFt
Marketing description
3,800 SF commercial condominium currently operating as a health club with a wide-open floor plan adaptable to a variety of uses. The property features multiple entrances/exits and two separate sewer connections, allowing it to be divided into two suites or potentially replatted into separate condo units (buyer to verify).
Ideal for medical, fitness, wellness, professional office, retail, or other commercial users. Located along Becker's primary commercial corridor with excellent visibility and convenient access to Highway 10, serving one of the area's fastest-growing bedroom communities.
Excellent opportunity for owner-users and investors. Occupy one suite and lease the other, lease the entire property, or divide it for multiple tenants. Based on current market rental rates, the property is projected to achieve approximately a 7% cap rate at the asking price.
Investment highlights
- 3,800 SF commercial condominium currently operating as a health club with a wide-open floor plan adaptable to a variety of uses
- The property features multiple entrances/exits and two separate sewer connections, allowing it to be divided into two suites or potentially replatted into separate condo units (buyer to verify)
- Ideal for medical, fitness, wellness, professional office, retail, or other commercial users
- Located along Becker's primary commercial corridor with excellent visibility and convenient access to Highway 10, serving one of the area's fastest-growing bedroom communities
- Excellent opportunity for owner-users and investors. Occupy one suite and lease the other, lease the entire property, or divide it for multiple tenants
- Based on current market rental rates, the property is projected to achieve approximately a 7% cap rate at the asking price
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