Investment opportunity with 7.5% CAP rate. Solid tenant in place until July 2017 paying $3800 (+NNN) per month. Purchase price includes 2400 sq.ft. building, land and most restaurant equipment. CBD zoning which provides option to add multifamily development on top of current structure. Parking in the back for up to 10 vehicles. Perfect location, surrounded by businesses and residential buildings. Vendor will consider to hold mortgage with minimum of 25% down. Please DO NOT approach tenant directly, all inquiries and appointments must go through L.S.
Property Summary:
Category:Other
Bedrooms:0
Bathrooms:0
Garage:0