Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave.
Do not disturb the current tenant.
From the intersection of Southern Ave. and Country Club Dr. go West on Southern to Property on Left.
Dwelling Type: Comm/Industry Sale
Subdivision: N/A
Year Built: 1973, County: N/A
From the intersection of Southern Ave. and Country Club Dr. go West on Southern to Property on Left.
Listing is courtesy of American Realty Brokers
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