Remarks

Property Type: Commercial buildingLease Details:Current Rent: $12,000/month plus NNNLease Term: 5 years ending February 2029Tenant: Valley ADHC Adult CareTenant History: Serving the community since 2003Extension Potential: Tenant willing to extend lease for an additional 5 years with new owner's approvalKey FeaturesStrong Tenant: Established business with a long history in the community, providing stability.Reliable Income: Collecting $12,000 monthly, ensuring consistent cash flow.NNN Lease: Reduces management responsibilities, as tenant covers taxes, insurance, and maintenance.Community Impact: Supports local adult care services, appealing to investors looking for socially responsible opportunities.Unique Selling PointsPotential for Lease Extension: The tenant's willingness to extend the lease provides security and long-term income potential.Prime Location: [Highlight any advantages related to the locationproximity to major roads, community amenities, etc.]Opportunity for Growth: Consider potential appreciation in value or options for future redevelopment.

Details

MLS#: 620546
Price: $1,799,000

Style: Medical/Dental
Bedrooms: 0
Baths Full: 0
Three Quarter Baths: 0
Baths Half: 0
Quarter Baths: 0
Sq Ft: 10080
Year Built: 1997

County: Fresno