This item has expired
Click here to view current advertisements similar to this one.
23,000 a.f. Commercial Strip Mall in Tennessee on 2.06 acres of land
already developed and 100% leased with further planned development on land for an additional 6-10K s.f. developed and leased. Purchaser may have option to buy "as completed" development.
Approx $280K rent anually
Approx $240K NOI
Gross ROI: 11.3%
Net ROI: 9.6%
Purchase: $2,450,000.00
(As is developed land & building)
With Option to purchase the "to be developed"
property).
National Tenants. Lease till 2016.
Net Lease Types.
Call Southeast Realty Group, A Real Estate Developemnt Co.
615-306-5109. email: [please email replies to this ad by using the response form below]
Details all available. Leases avail.
A great investment.
|
