SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION, COST SEGREGATION, TAX BENEFITS, AND APPRECIATION FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** PRICED REDUCED TO SELL FAST!! $999,000, NOW CAP 7.35% 47 YEARS OF LAND-LEASE FOR SALE. COLLECT RENT AND PAY LAND OWNER A RENT OF $4,192.42 PER MONTH.
Landowners are older couple, They would need to sell sooner than later, but Not now. Current seller has "FIRST RIGHT OF REFUSAL."
ONE SPACE 1,096 SF (RETAIL, SKIN/MED SPA, NAILS, BEAUTY SALON, COFFEE, RESTAURANT) AVAILABLE FOR OWNER-USER OR LEASE IT OUT. 7-11 will not exercise their option in 2026, due to AM/PM is being built next door along with CAR WASH AND A GAS STATION WHICH WILL RAISE THE VISITORS COUNT ONCE DONE. 7-11 SPACE IS CURRENT IN NEGOTIATIONS LIKE STARBUCKS AND OTHER SPECIALTY COFFEE BRANDS. $2.75 P/S/F PLUS NNN($0.75) WILL FETCH $8,500.00 by 2026. By 2026 Cap Rate to be 8.00%.