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