Description
Investor opportunity. Fully occupied sale/leaseback. 5.8% cap rate with annual increases. Long term single tenant NNN lease with ServPro of Bend, a solid franchise locally owned and operated disaster restoration company. Thriving business largely recession proof. Well constructed and laid out masonry industrial building. Ground floor features 6 heated bays with overhead doors, and bathrooms. All overhead gas heaters and thermostats replaced in 2023. Fully upgraded LED lighting throughout. Approximately 2,000 sf of second floor office. Complete new roof in 2023. Good parking and access. Small fenced storage yard.
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0BEDS
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0.52ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investor opportunity. Fully occupied sale/leaseback. 5.8% cap rate with annual increases. Long term single tenant NNN lease with ServPro of Bend, a solid franchise locally owned and operated disaster restoration company. Thriving business largely recession proof. Well constructed and laid out masonry industrial building. Ground floor features 6 heated bays with overhead doors, and bathrooms. All overhead gas heaters and thermostats replaced in 2023. Fully upgraded LED lighting throughout. Approximately 2,000 sf of second floor office. Complete new roof in 2023. Good parking and access. Small fenced storage yard.
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