This Office Building is being offered at a 9.15% CAP. All rentals are NNN with total expenses of $ 57,294/Yr. Fully occupied Gross Income is $ $ 137,322/Yr. T-Moble is tennant on Flag Pole Cell tower with 30 Yr lease. 15 Covered parking stalls are rented for $ 25/Month. BONUS This property is divided into two parcels Front parcel (10,152 Sq Ft has been engineered for a new 1,500 Sq Ft Office Bulding. Estimated cost to build is $ 210,000. This new building would have a PROJECTED CAP of 20 %.
Brokered And Advertised By: REMAX Achievers
Listing Agent: Bill & Frieda Christianson
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