Courtesy of: Michelle Parker, Parker Scott Properties, mps@parkerscottproperties.com
Courtesy of: Michelle Parker, Parker Scott Properties, mps@parkerscottproperties.com
$1,698,000
|
Lot: 0.38 Acres
|
|
Office
|
$1,698,000
906 E 72nd Street This is a great opportunity to acquire a cash-flowing asset with solid leases in place at an 8.45% cap rate. The building is a one-story retail strip center, constructed in 1970 and renovated in 2022, comprised of six units with 22 parking spaces, which equates to 3.19 spaces/1, 000 sq. ft. 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. The walls are gypsum, and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities – The site is accessed via either E. 72nd St. or Sutlive St, and all utilities are connected to the building.
Courtesy of: Michelle Parker, Parker Scott Properties, mps@parkerscottproperties.com
Copyright © 2024 Savannah Multi-List Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.