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618-277-4400

NNN Investment Property

$535,000

Listing Resources

Listing Description

NNN Investment Opportunity

6,600 SF Retail Center with 4 Tenants. Significant Improvements recently made.

Gross Rental Income: $67,200
Gross Other Income: $2,220
Maintenance/Repairs: $1,500
Vacancy: $3,360

NOI: $64,560
12.07% CAP Rate

Sale Price: $535,000

Listing Details

Settings
Listing No : 2556
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 6,600 Sqft
Lot Size (Acres) : 0.34 Acre(s)
Sale Price : $535,000
Sale Price Per Sqft : $80.14
CAP Rate : 12.07%
NOI : $64,560
Parcel No : 22-2-20-17-15-403-031
Zoning : C-5
Zoning By : Granite City
Year Built : 1970
Rehab Year : 2021
Exterior : Concrete
Floors : 1

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