Remarks

The new owner will have passive income with the Absolute NET investment opportunity. The property is fully leased to Black Rock Coffee Bar corporate on a 10-year term with annual rent increases that commenced in August 2021 that includes two 5 year options to extend. This location was established in 2018 and has a great track record of performance. The site is a .24 AC corner lot with a 462 SQFT Building was completed in October of 2018. This location is along River Road N and Dietz Avenue NE with frontage along River Road N, which is a well-traveled arterial. The subject improvements are in good condition and are of good quality. Listing Agent is a member of the selling entity.

Details

MLS#: 220193114
Price: $1,107,000

Style: F
Year Built: 2018

County: Marion
Subdivision: N/A
Tax Fee: 5521.89