The building is a one-story retail/office building constructed in 1970 and renovated in 2022. It has 22 spaces which equates to 3.19 spaces/1,000 sq. ft. There are 6 units in the building and all are leased. The foundation is slab, framing is masonry, and the exterior walls are block and stucco. Each unit has a retail storefront-sized glass window. The roof is flat and comprised of a rubber membrane. Floors are LVP; tile, and sealed concrete. Walls are gypsum and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities a The site is accessed via either E. 72nd St. or Sutlive St and all utilities are to the building. Opportunity a This is a great opportunity to acquire a cash-flowing asset with solid leases in place at a 7.8% cap rate.
Property Features
Utilities
Cable Available
Electricity Available
Phone Available
Sewer Available
Water Available
Cooling Information
Central Air
Electric
Heating Information
Central
Electric
Parking
Parking Lot
Paved
Water Features
Public
House Interior
High Speed Internet
Listing Courtesy: Parker Scott Properties - 912-897-6320