Phase 1 & Phase 2 completed in March 2026. Results provided a Clean Soil Report. Can provide Buyer a copy of Phase 1 & 2 upon request.
SELLER FINANCING POSSIBLE | 50% + down payment | 2 year balloon | Interest Rate depends on Buyer credit/financials
+/- 1,600 SF Bldg. | +/- 0.17 Acre Lot
Leased Investment | 5.6% Cap Rate
Lease currently expires Nov 30, 2027 (tenant could potentially extend)
PROPERTY HIGHLIGHTS
Building Size: +/- 1,600 SF Free Standing Building
Lot Size: +/- 0.17 AC (+/- 7,405 SF) parcel
Commercial (C-1) Zoned with Mixed Use Overlay (confirm with City)
Private Gated Parking Lot/Yard - Concrete
One (1) Ground Level Door
Traffic: 46,622 cars per day on Florence Ave & Pomering Rd SE
INVESTMENT DETAILS
Established Tenant for 10+ years
2-10 year NNN Leased Investment (Call for Details)
Monthly Net Income of $3,500.00
Net Operating Income of $42,000.00
Tenant Responsible for all expenses and maintenance at the property
Excellent Single Tenant Investment Opportunity