Fully leased single tenant NNN investment property with zero Landlord responsibilities. The existing lease with Vierbicher goes until February 2023 and has a 3 % annual rent escalator. The site is 2.5 acres and the building (built in 1990) is 19,650 sq. ft. There is an ability to add on to the north end of the building for an additional value add. Positioned at the intersection of Viking Drive and Huntington Park Drive adjacent to other professional office and retail tenants. Rare opportunity to buy an investment property with a single tenant at a 10% cap rate.
|RE For Sale: Yes||Bus. For Sale: No|
|Lease Only: No||Ann. Rent/Sq.Ft.: 0.0|
|Bldg Gross Sq.Ft.: 19650||Taxes: $39,054|