Listed by Ridenour Realty, LLC
$850,000
Lee Hwy Retail
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 1,250
Net Rentable (SqFt) 1,500
Units 1
Cap Rate 6.07%
NOI $51,569
Occupancy 100%
Tenancy Single
Brand/Tenant Tobacco SKy
Lease Type NN
Lease Term 3
Lease Expiration 02/14/2026
Lease Options 2
Price per SqFt $680
Broker Co-Op Yes
Class A
Year Built 2019
Buildings 1
Stories 1
Zoning CH
Parking Spaces 5 spaces
Parking Per SqFt 4.00
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 02/14/2023
Occupancy Date 02/14/2023
Ground Lease No
Ownership Fee Simple
Retail Building with Excellent Visibility
Marketing description
Great little commercial building with excellent visibility! Built in 2019 - Located next to Walgreens & Tire Discounters just across the street from Wal-Mart. Property is part of condo association. Contact listing agent for more info.
Investment highlights
Building in great shape
Low maintenance tenant
Great visibility from major highway
High traffic counts
Listing Contacts
Listed by Ridenour Realty, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,569.00
$4,297.42/mo
Valuation Metrics
0
DSCR
6.07%
Cap Rate
6.07%
ROI
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