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Active Listing ID O5788678
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1,201 sqft
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Built in 2000
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Lot: 0.03 acre
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Active Listing ID O5788678

6401 TIME SQUARE AVENUE CU-18 ****CALLING ALL INVESTORS!!!****Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over 7.5% **NET** MONTHLY RETURN ON YOUR INVESTMENT WITH A 5 YEAR PERSONAL GUARANTEED COMMERCIAL LEASE. First 2 years tenant is paying rent at $3, 444 per month. After the 2 years, rent increases to $4, 300 per month for the remaining 3 years with an additional 5% increase every year. ***SALE INCLUDES REAL-ESTATE ONLY, NOT BUSINESS***. This marketplace/café is located in the heart of Metro West at the entrance of a residential community on a very busy street featuring 700+ condominium and single family homes. Also in immediate vicinity are over 10, 000 residential units, all in close proximity with no other similar business for competition in the residential areas. Store is very beautiful and looks fantastic with high-end finishes and upgrades including flooring and brand-new equipment. Real estate sale also includes storage (approximate size of one-car garage) that is included in sale price. ***As noted above, this is a personal-guarantee lease for 5 years with option to renew for additional 5 more years. ***Potential buyer/agent not permitted to disturb current tenant without prior notification and permission from agent/seller*** Please call for showing appointment.

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Property Features

  • Facts
  • Built in: 2000
  • Lot Size: 0.03 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Floor Covering: Tile
  • Roof Type: Composition Shingle
Listing Changed: 3/31/2021 5:25:21 PM GMT
Source Updated Date: 5/16/2021 6:30:01 AM GMT

Courtesy of: Hurchell Williamson, HAMPTON REALTY GROUP

Listing Source - ListHub

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