Remarks

Armchair investment opportunity is knocking in 2025. Sit back and collect that mailbox money with this single tenant property with long term occupancy by national credit tenant. Building is 1,500 square feet on 15k sq ft lot with plenty of parking. Tenant does all day-to-day maintenance including landscaping and snow removal. Tenant reimburses for real estate taxes. Oportun Financial has occupied the space since 2017. Current lease expires at end of 2026 and has 2 four year options to renew with healthy rent increases. Oportun is a mission-driven, technology-powered provider of inclusive, affordable financial services and a certified Community Development Financial Institution. By lending money to hardworking, low-to-moderate income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun operates 300 retail locations and delivers bilingual (English/Spanish) customer service through retail locations, contact centers, and mobile to customers in twelve states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin. Call LA for more details. Please DO NOT DISTURB TEANNT.

Details

MLS#: 12256664
Price: $515,000

Style: Free Standing Store
Sq Ft: 1500
Year Built: 1951

County: Lake
Lot Size: 150 X 103
Tax Fee: 7640