Description
Excellent investment opportunity featuring well-maintained, two-tenant commercial building with established with a pharmacy and fitness center occupants. Both spaces are in good condition and provides rental income with approximately six years left on the existing lease and a 3% annual rent escalation, offering built-in income growth for the new owner. The Pharmacy is currently leased at $950 per month and has been well maintained. Improvements include attractive LVP flooring and a roof that is approximately 5-6 years old, providing added value and reduced near-term capital expense. The adjoining fitness center/gym is currently leased at $900 per month and is also in good condition. The space features a distinctive, red-painted interior suited to its current fitness use.
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
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2,501SQFT
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$110$/SQFT
School Ratings & Info
Description
Excellent investment opportunity featuring well-maintained, two-tenant commercial building with established with a pharmacy and fitness center occupants. Both spaces are in good condition and provides rental income with approximately six years left on the existing lease and a 3% annual rent escalation, offering built-in income growth for the new owner. The Pharmacy is currently leased at $950 per month and has been well maintained. Improvements include attractive LVP flooring and a roof that is approximately 5-6 years old, providing added value and reduced near-term capital expense. The adjoining fitness center/gym is currently leased at $900 per month and is also in good condition. The space features a distinctive, red-painted interior suited to its current fitness use.