Description
Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
$850,000
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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4,760SQFT
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$179$/SQFT
Neighborhood:
Type:
Commercial
County:
School Ratings & Info
Listing provided courtesy of Svn Peace & Company:chris.marek@svn.com.
Description
Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
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Data last updated: 2023-05-30T07:21:01.68.