Courtesy of: Paul Silverstein, RE/MAX Advance Realty, paul@fctus.com
Courtesy of: Paul Silverstein, RE/MAX Advance Realty, paul@fctus.com
$5,595,000
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Lot: 37.00 Acres
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Retail
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$5,595,000
2205 NW 20th St This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8, 546 SF building on .37 acres (16, 177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.
Courtesy of: Paul Silverstein, RE/MAX Advance Realty, paul@fctus.com
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