Description
Retail Building, 6 Spaces with upside Potential. Current Rents are below market. 1 vacant space (approx. 1,185sf) at this time. At $12.00/sf Rent, the Gross Rents would be about $50,000/year for a great CAP Rate of about 7.5%. Zoning is MX-L (Mixed Use - Low Intensity).TPO roof was done in 2013 - 2014. 6 Evaporative Cooling Units, Gas Heaters in each Store, each has 1/2 Bathroom. Ideal for Retail or Offfice use, Owner/Occupant or pure Investment. REC/Owner Financing with 20% down negotiable.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Retail Building, 6 Spaces with upside Potential. Current Rents are below market. 1 vacant space (approx. 1,185sf) at this time. At $12.00/sf Rent, the Gross Rents would be about $50,000/year for a great CAP Rate of about 7.5%. Zoning is MX-L (Mixed Use - Low Intensity).TPO roof was done in 2013 - 2014. 6 Evaporative Cooling Units, Gas Heaters in each Store, each has 1/2 Bathroom. Ideal for Retail or Offfice use, Owner/Occupant or pure Investment. REC/Owner Financing with 20% down negotiable.
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Listing courtesy of R & R Real Estate Partners Llc. © 2022 Southwest Multiple Listing Service, Inc.