Single Tenant Corporate Leased Investment

Retail | For Sale | $1,200,000 | 4,550 sqft

Single Tenant Corporate Lease, expires in 2017 with a 10 year option
to renew. The building has 6% increases in base rent every 24
months. The current base rent is $6,804 with a 6% rent increase
eligible for January 1st, 2013. The tenant reimburses landlord for
Common Area Maintenance (CAM) which equates to approximately
$1,196 each month. The CAM charge includes only Property Tax
and Insurance, all other utilities and expenses are paid by the tenant
directly. This is a free standing automotive building with ample parking.
Aprroximately 4,100 Sq Ft.

Located in an ideal area, next to Highway 880 and conveniently located next to Costco, Home Depot, and Walmart and many other large anchor tenants.

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