MAIN 270 SHOPPING CENTER LOCATED JUST EAST OF SITE
REMAINDER OF A LARGER PARCEL DEVELOPED FOR EDUCATION FIRST CREDIT UNION
UTILITIES LOCATED ON SITE
BUYER WILL NEED TO PROVIDE ITS OWN ONSITE STORM WATER MANAGEMENT SYSTEM
This is a 0.776 acre, well-located parcel with many potential uses. There is a small freestanding equipment building located on the rear west corner of this site that is under a long term lease with a renewal option that contains equipment for Breezeline cable/communications. This generates an income to the buyer of $12,500 annually for a 10 year lease which was paid in advance to Education First Credit Union. This total rent of $125,000 will be prorated and credited to the Buyer at closing. The lease commenced 6/21/22 and expires 6/20/32. Depending on when the sale closes, a Buyer could receive a credit in excess of $100,000 at closing.