Description
$$$Money Maker$$$ This is a prime opportunity to invest with a PGI of over $130K per year and great cap rate at 7.45%. This attractive, well-maintained 8008 square foot building is currently configured to accommodate 25 small businesses at affordable rental rates that keep the building full. The current mix of tenants range from small practice medical & medical billing to construction companies. The solid concrete block, 2 level building is located in a business district & has great visibility with an average traffic volume of 12,000+ cars per day. The building has 15 parking spaces and abundant street parking alongside. ***Owner terms available*** for qualified buyer with good down payment. Small office spaces are desirable, making this a great investment.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
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8,008SQFT
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$137$/SQFT
School Ratings & Info
Description
$$$Money Maker$$$ This is a prime opportunity to invest with a PGI of over $130K per year and great cap rate at 7.45%. This attractive, well-maintained 8008 square foot building is currently configured to accommodate 25 small businesses at affordable rental rates that keep the building full. The current mix of tenants range from small practice medical & medical billing to construction companies. The solid concrete block, 2 level building is located in a business district & has great visibility with an average traffic volume of 12,000+ cars per day. The building has 15 parking spaces and abundant street parking alongside. ***Owner terms available*** for qualified buyer with good down payment. Small office spaces are desirable, making this a great investment.
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