Passive Income property - This 9,600 sf warehouse building with administrative offices is used for the distribution of wholesale bread products. The current tenant has been here over twenty years and just executed a new three year lease which expires 31 July 2028. Monthly rent is $4,000 and expenses run 25% of Gross. So at $430,000 this gives an owner/investor a hard CAP rate of 8.3%. The building is setup with offices in the front of the building and clear floor storage accessible in the rear. This listing is a great opportunity to park your money and continue to build equity. Give us a call for more info or to arrange a showing.