Excellent diversified investment opportunity. This three-unit commercial building is leased to three long-term tenants which include Little Caesar's Pizza, Cricket Wireless, and an insurance tenant. Total monthly rent of $3,800, or $45,600 per year. Cricket and Little Caesar's are on double net leases, responsible for their pro-rata share of taxes and maintenance. All tenants have multiple renewal options remaining and cover their own maintenance including hvac replacement/repair. Landlord covers insurance. Dynamic high traffic corner location in the heart of the Hwy 45 Alt commercial corridor. 23,000 cars per day benefit this established location, at the NE corner of Hwy 45 Alt and W Broad St, at a signalized intersection.
Across the street from McDonald's, The First Bank, CVS, China Buffet, and Jack's.
Annual Taxes: $5,737.04 (Per lease, the majority of taxes are paid by tenant.)
Annual Insurance: Estimated at $4,000