Great opportunity to add this cash flowing investment property with well-established tenants and located on this high traffic corridor. The building has been maintained and is in excellent condition. All of this and still being offered at an 8 cap. Although historically at full occupancy, there is upside right now with 2 small vacancies, 5180 sf and 2878 sf. The 5180 is for lease @ $5/sf/nnn and on 11th st & first floor with overhead door, warehouse, and office space. See MLS 135469
The approximate monthly Principal & Interest payment for this property would be $8,295. This payment is based on a 30-year loan at a fixed rate of 4.41 % with a down payment of $145,000. Actual lender interest rates and loan programs may vary.
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