Business Overview:
Property and lease information in file. Seller will guarantee rent at 100% on all space for up to one year. CAP RATE: 7.43%. Base Rental Income: $536,452/Expense Recoveries: $74,974/Operating Expenses: $74,974/Less Vacancy Allowance 4% ($24,451)/Net Operating Income: $511,995.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Building size: 22,000 Square Feet, Property Size: 2 acres +/-.
Reason for Selling:
Other business interests
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.