Current Gross Monthly Rent: Vacant upon closing
Potential Gross Monthly Rent: $9,579.00
Potential Gross Yearly Rent: $114,948.00 on Triple Net Lease
Potential NOI: $114,948.00
Potential Cap Rate: 11.27%
Asking price: $1,020,000 with OWNER FINANCING option
Down Payment: $385,000 (due at closing)
Note: $635,000
Payment Terms:
Monthly Payment to Seller: $3,605.46/month $43,265.52/year
Interest Rate: 5% with a 5-year balloon
Amortization period: 30 Years
No prepayment Penalty
Property Highlights
Prime Commercial Location on Beach Blvd with 51,500 AADT (Average Annual Daily Traffic)
6,192 SF Building + 1,224 sqft Additional Space situated on 0.57 acres
Flexible Layout featuring an open-space warehouse and front office area
6 Bay Doors plus 1,224 sqft outdoor storage area for added functionality
Zoned CCG-2 – allows for a wide range of commercial and light industrial uses
Utilities: Water & Electric connected | Septic system in place
Not located in a flood zone
Excellent road access in a high-visibility, high-traffic corridor
Ideal for automotive, distribution, light manufacturing, contractor, or service-related businesses
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All information is provided as-is. Buyers are encouraged to perform their own due diligence.