Turnkey Multi-Tenant Investment with Owner-User Flexibility
This 10,000 SF multi-tenant commercial building offers stable income across four tenant spaces and is ideally located along high-traffic Highway 88 just outside Lockeford. Currently generating approximately $73,200 in gross annual income, the property offers a cap rate of 4.98% based on an NOI of $62,200.
The building sits on an estimated 1.5-acre parcel with strong frontage, ample parking, and easy access. While the structure is older and may benefit from future improvements, it presents a solid opportunity for investors seeking steady cash flow with long-term upside. There may also be future potential for owner-user occupancy as lease terms evolve.
Positioned near residential growth and ongoing local development, this property combines immediate income with long-term flexibility in a high-visibility corridor.