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Available For Sale - Retail

6,000 SF | Show Pricing $

AVAILABILITY DETAILS

Size
6,000 SF
Price/SF
Show Pricing $
Listing ID
SA370626
Notes
Premier Investment Property --- NOI of $72,879 & CAP of 8.3 --- Great Deal and won't be on market long. Where else can you find a fully passive income property with NNN leases and a CAP rate over 8% in this market ? ? ! !

Smartly designed .63 acre lot with one 4,000 sf showroom and complete auto repair facility (in business for 25 years), and another 2,000 sf warehouse fully leased to long term tenants (10 yrs. plus)with 4 automotive bays. The rear of the property has an additional fenced lot with storage for approximately 30 cars. Great pylon signage with 185' of frontage on Florida Ave just S. of Bearss Ave.

The property consists of two buildings; the front building is 4,000 sf of prime retail space on N. Florida Ave, just blocks from Bearss Ave. which includes an iron security fence around the front lot with showroom, reception and two offices in the front and full-fledged auto repair shop in the rear with 3 bays, lifts, and engineered load-bearing mezzanine for heavy storage.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Derek M. Seckinger, Grimaldi Commercial Realty Corp
BRE# SL3344454