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- Building Information:
- Building Size: 8,125 s.f.
- Year Built: 2006
- Lot Size: 1.06 Acres
- Zoning: Property is Zoned for Day Care
- Investment Overview:
- Lease Commences July 1, 2006
- Lease Term: 15 Years
- Sale Price: $2,195,000
- Average NOI: $200,687
- Cap Rate Based on Average NOI: 9.12%
- Initial NOI: $161,850
- Cap Rate Based on Initial NOI: 7.37%
- 3% Annual Increases in Base Rent
- BUYER TO PAY CLOSING COSTS
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