$1,150,000
Situated in a prime location in Orleans, this fully rented 2152 square foot stand alone building sits on a 16340 square foot lot fronting on St Joseph blvd. This turn key investment property offers a renovated building, ample parking and a 10 year lease. The current tenant is on a ten year lease which ends August 31, 2033. Current rent is $19.50 per square foot or $41964.00 per annum. Rent escalation to take place each year through 2033. Tenant pays an additional rent of $12.01 per square (property taxes, insurance, maintenance). Tenant pays all utilities. (id:28469)
Property Details
MLS® Number
|
1388071 |
Property Type
|
Office |
Neigbourhood
|
Chapel Hill |
ParkingSpaceTotal
|
12 |
Building
Land
Acreage
|
No |
SizeDepth
|
116 Ft ,3 In |
SizeFrontage
|
140 Ft |
SizeIrregular
|
139.99 Ft X 116.26 Ft |
SizeTotalText
|
139.99 Ft X 116.26 Ft |
ZoningDescription
|
Am3 |