Description
Class A Strip Center with excellent tenant mix, mostly medical with long term leases, 7 years average, all NNN with 3,500 sq. ft. vacant for upside. Currently at 7.5 Cap Rate. All leases new in last 24 months. Financials provided with executed C/A only. Current NOI $336,000. Annual 3% Base rent increases on most leases. Onsite backup generator owned by seller.
$4,500,000
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0BEDS
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3.11ACRES
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0BATHS
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01/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:
Listing Office: Besaw Properties, Ltd: 920-338-8080.
Description
Class A Strip Center with excellent tenant mix, mostly medical with long term leases, 7 years average, all NNN with 3,500 sq. ft. vacant for upside. Currently at 7.5 Cap Rate. All leases new in last 24 months. Financials provided with executed C/A only. Current NOI $336,000. Annual 3% Base rent increases on most leases. Onsite backup generator owned by seller.
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