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SINGLE_FAMILY - Parma, OH
DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT!! This 2-story commercial property sits on one of Cleveland's highest traffic streets. Great visibility! This property boasts $53,400 Gross Annual w/ 10.8% CAP. 2 suites w/ ~10,800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. This fully occupied turnkey investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income. This low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return. Occupants: Main Floor - Liquidation Company has been in business for 10 + years and uses the space for warehousing only. 2nd Floor - A well established and growing commercial photography / digital imaging company. Property Taxes - $3,743 Annually - Insurance $1743 Annually Each ...
DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT!! This 2-story commercial property sits on one of Cleveland's highest traffic streets. Great visibility! This property boasts $53,400 Gross Annual w/ 10.8% CAP. 2 suites w/ ~10,800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. This fully occupied turnkey investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income. This low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return. Occupants: Main Floor - Liquidation Company has been in business for 10 + years and uses the space for warehousing only. 2nd Floor - A well established and growing commercial photography / digital imaging company. Property Taxes - $3,743 Annually - Insurance $1743 Annually Each occupant has a the balance of their two year lease with 2 year option add on. Tenants pay for all utilities and maintenance. Deposits for all units
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