Remarks

Nearly 4000 sqft standalone professional office building with 20 parking spaces on large .57 acre lot. Initially being offered for owner operator buyers OR investment property at a generous 6.5% cap rate with existing long term tenant who is ready to sign a five year lease extension. True NNN lease, tenant pays for all maintenance, insurance and taxes. Tenant has made upgrades and improvements to bathrooms and extensive HVAC upgrades. Current tenant operates as a preschool with several years at location and would like to stay. Fantastic location just off of I-5 adjacent to Mountain View Plaza, Central Point's most popular shopping center featuring restaurants, retail stores and anchored by Albertsons and Furniture Row. Whether you're looking for a new location for your existing business or your next 1031 tax exchange investment, this commercial building and property offers an exceptional opportunity.

Details

MLS#: 220204788
Price: $875,000

Style: F
Year Built: 2002

County: Jackson
Subdivision: N/A
Tax Fee: 8234.43