STRONG INCOME GROWTH: due to the embedded
Yearly Increases, the net operating income is expected to
grow to $560,000 over an anticipated 10-Year hold period.
LONG LEASE TERM: the lease provides over 14-years
(2032) plus Three 5-Year Options to renew.
PRIDE OF OWNERSHIP ASSET: high quality,
meticulously maintained offering with little to no deferred
maintenance, providing essentially no landlord obligations or
CONVENTIONAL BUILDING DIMENSIONS: linear
(not deep) building layout enhances the property’s flexibility
and future leasing opportunities.
STRONG MARKET FUNDAMENTALS: Population of
+98,000 people and average household incomes of over
$74,580 within a 3-mile radius.
Created on December 20th, 2018 (last updated 5 months ago)