Single Tenant NNN Investment Property
$2,571,000
Listing Resources
Listing Description
Investment Opportunity
New absolute 10 year NNN lease with single tenant medical provider with multiple locations. 7.665% Average CAP Rate. 2021 taxes of $14,351.21 are paid by the tenant. Zero landlord responsibilities. Located in a great location with an average daily traffic count of 22,000 per day.
Sale Price: $2,571,000
Listing Details
Settings
Listing No : 223
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 10,097 Sqft
Lot Size (Acres) : 0.90 Acre(s)
Sale Price : $2,571,000
CAP Rate : 7.67%
GRM : 14.28
Parcel No : 08-04.0-207-030
Zoning : HB
Zoning By : Swansea
Parking : 40+
Tax Year : 2021
Traffic Count : 22,000
Year Built : 1999
Exterior : Brick
Floors : 1
Gross Rental Income : $180,000
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Terry
Johnson
- Office: 618-277-4400 Ext. 24
- Mobile: 618-977-8367
- terryj@barbermurphy.com
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Tony
Smallmon
- Office: 618-277-4400 Ext. 18
- Mobile: 618-407-4240
- tonys@barbermurphy.com