|
1st Floor - Unit 5
|
Industrial
|
9,640 SF
|
$2,200,000 USD
|
|
-
Unit Size: 9,640 SF
-
Condo Use: Industrial
-
Price: $2,200,000 USD
-
Sale Type: Investment
-
Price/SF: $228.22 USD
Description
small condominium center on Traffic Way.
Sale Notes
Excellent investment opportunity! This large industrial building in a small condominium center on Traffic Way offers a solid cap rate of approximately 5.5%. The current long-term tenant, Atascadero Door Company, has been in business for 30+ years and pays $10,000/month NNN. The lease runs through 2029, with two five-year options to extend.
|