Delivered Vacant for a User or for an investor to rent out and enjoy 9.4% cap rate projected
Or
Delivered Rented 9.4% cap rate projected
Zoning and Permitted Uses
Under the R8A zoning district, the following uses are generally permitted:
Community Facility Use: This encompasses a range of non-commercial uses that serve the community, such as:
a) Educational facilities (e.g., schools, libraries, educational and training)
b) Religious institutions
c) Medical facilities (e.g., clinics, hospitals, doctors, dentists, clinics, emergency services, counseling services, social services, homeless services, vocational training services, etc.)
d) Cultural institutions (e.g., museums, non-profit art galleries)
It's important to note that commercial uses are generally not permitted in R8A districts unless the property has a commercial overlay or a special permit is obtained. However, community facility uses are allowed and can include certain cultural institutions.