Description
Investor's Special!! Enjoy a 10-year Lease with multiple property physical improvements prior to the tenant taking possession. Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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4,760SQFT
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$151$/SQFT
School Ratings & Info
Description
Investor's Special!! Enjoy a 10-year Lease with multiple property physical improvements prior to the tenant taking possession. Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
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Data last updated: 2024-12-11T00:20:24.1.