Details
- Subject property is a 1 story retail building occupied with a Super Market Tenant.
- Tenant has a remainder of 15 years left on the Triple Net Lease paying $144,000 annually with 3% escalations.
- Property is next door to a Marina and Community Garden, surrounded by many future developments coming to the area.
- Property is located near Beach 60th Street [A] Train Station.
- Price ~ $3,000,000
- Cap Rate ~ 4.8%