Possible 8+ Cap Rate. Newer 5,560 SQFT Commercial Building Near Bellis Fair Mall. Possible E-Z Owner Financing. $280K down, start rate of 4.25% interest & $3,500 Monthly Payments (OAC). Current Single Use tenant can pay $5,560 per month. Ideally Month-to-Month Tenant would stay until 4/26. Then adjust to fair market rent - (closer $8,340 per month). Tenant pays all utilities. 5,660 total SQFT in 2 sections: 4,000 SQFT Office/Retail (80'X50') & 1,560 SQFT Retail/Warehouse/Shop ( 40'X40'). See photos for building diagram. High Ceilings, Natural Light & 2 Baths. 16'X10' Exterior Garage Door, 2 10'X10' Interior Roll-up's Doors connecting the 2 spaces. Easy conversion for Multiple Tenants. Street parking & private parking lot for 10 cars.
Current Location
