Remarks

Seize this exceptional investment opportunity featuring an 18,598 m/l sq. ft. commercial property with prime I-44 visibility. Fully leased by a national automotive tenant with 9 years remaining and a strong 7.8% cap rate, this property offers long-term stability and passive income. The tenant also holds the first right of refusal, adding security to your investment.

Sitting on 1.93 m/l acres, the property includes multiple overhead doors, a breakroom, a waiting area, office area with central air, restrooms, an asphalt parking lot, a sprinkler system, exterior lighting, and six heating systems.

Even more potential awaits! An additional 20.96 m/l acres is available right next door, making this a rare opportunity for expansion or future development in a high-traffic location.

Details

MLS#: 25008941
Price: $1,920,000

Style: Commercial & Indr.
Sq Ft: 18598.0
Year Built: 1953

County: Pulaski
Subdivision: None
Tax Fee: 11330