$1,890,000
Hiatt Commercial
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 674673
Property Type: Retail
Status: Available
CBA ID#: 674673
Marketing Description:
Two credit tenants on a 1.65 acre parcel. Enterprise invested over $1MM in tenant improvements and Verizon paid for and built a pad with cell tower. Newer HVAC heat pump has been installed. Long term leases for both tenants with 2 and 3% yearly escalators. Phase One and limited Phase Two environmental assessment completed in 2019 and 2020. Leases are NNN with real estate taxes and risk insurance paid directly by tenants. This is the investment you've been looking for. Value is ultimately in the real property market value. Buyer to verify all information to their satisfaction. Tax iD #: 0320337011Land Features:
- Lot Size: 71874 SqFt
- Lot Acreage: 1.65 Acres
- Zoning: C2
Building Features:
- Building Size: 2108 SqFt
- Available Space: 2108 SqFt
- Number of Floors: 1
- Cap Rate: 2.55%
- Construction: Wood
- Year Built: 1980
This Listing Supplied Courtesy of Better Properties UP/Fircrest
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
