Description
Here is a terrific opportunity for investors. This commercial condo, located in the Evergreen Center, has a long-term tenant with a lease that offers a 6.65% cap rate. The condo has 5,145 USF, 5,348 RSF and also includes an additional estimated 1,850 SF in an outdoor playground area on its north side. A popular child care center has occupied the space for many years, normally at or near capacity. The property is in excellent condition. Ample parking is available in the adjacent paved lot.
-
0BEDS
-
1.72ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Here is a terrific opportunity for investors. This commercial condo, located in the Evergreen Center, has a long-term tenant with a lease that offers a 6.65% cap rate. The condo has 5,145 USF, 5,348 RSF and also includes an additional estimated 1,850 SF in an outdoor playground area on its north side. A popular child care center has occupied the space for many years, normally at or near capacity. The property is in excellent condition. Ample parking is available in the adjacent paved lot.
© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2023-03-22T20:41:30.13.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.