Great income producing property zoned OC with a CAP Rate of 5.86% for the life of the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.
From the intersection of Southern Ave. and Country Club go west on Southern to property on left
Dwelling Type: Comm/Industry Sale
Subdivision:
Year Built: 1973, County:
From the intersection of Southern Ave. and Country Club go west on Southern to property on left
Listing is courtesy of American Realty Brokers