Great Investment opportunity to purchase a Sale/Lease back property from the current Owner/Tenant. The property is approximately 1.6 acres, zoned commercial, with a retail/warehouse building totaling 11,392 SF, located on US Highway 247, one block off US Highway 62, with excellent visibility. Current tenant has been in the same location for over twenty years and will remain as a tenant under a five year lease with two five year options to extend. The investment yields a CAP rate of 8% at its asking price of only $795,000, less than replacement cost. Call for more details.<br/><br/>Brokered And Advertised By: Coldwell Banker Commercial Real Estate Solutions<br/>Listing Agent: Coldwell Banker Commercial
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
