DEVELOPMENT OPPORTUNITY
.62 acres with cash flowing business on premises yielding 5% cap rate from $31,200 annual rental income on a NNN basis for a 5 year year term with 5 year option. 2888sf building, fresh water well, two DOT approved entrances and exits off 126, large parking lot and large outdoor patio with deck.
- Asking Price:
- $590,000
- Sales Revenue:
- $31,200
- Cash Flow:
- $31,200
Property Information
- Real Estate:
-
Real Property Included
Business Operation
- Reasons for selling:
-
Retirement
- Years established:
- 1950