Great Investment property for sale, and it is fully leased out. The whole property is Fenced off. It has a 4-bay metal building of 1800sqft installed a month ago. Has a 384 sqft furnished office built in 1995. The property has power and electricity! The current lease holder terms are $5000 a month NNN with a 2% increase in base rent each year. 2-year lease with an automatic 2-year extension.The property borders the biggest dealership in Commerce, Family Ford of Commerce. The tenant is responsible for a million-dollar insurance policy and pays property tax, CAM, Water, electricity, phone, and internet. The landlord doesn't have any kind of expenses. The tenant has a transportation company, So they are parking 53-foot trailers on the property.
Listing Agent: Abdul Hamid Courtesy of: Citiwide Alliance Realty Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 28th January, 2023 3:09 AM (UTC)
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