Property Description
View BrochureBUILDING INFORMATION: 100% Occupied
Retail strip center at the traffic signal intersection of Russell Pkwy and Belmont Dr.
8% CAP
1 vacant lot included for future expansion
PVC doors in rear – won’t rust
Rent Roll available upon signing of CA; Operating Statement included below
660 – 6,700 SF – max and min units
Separate utility meters , tenants pay all utilities.
LAND: .6± Acres
YEAR BUILT: 1961
EFFECTIVE YEAR BUILT: 1983 & 2020
PROPERTY TAX BILL: $2,600.00
EXTERIOR: Concrete block – New paint on exterior building in 2020
INTERIOR / WALL HEIGHT: Sheetrock – 10’
ROOF: Composition – New 20 yr. roof on 100% of building in 2020
CEILING/LIGHTING: Acoustical tile / recessed fluorescent fixture
HVAC: Central Air
PARKING: 28+ striped parking spaces
SIGNAGE: Signage Included
ZONING: C2
Property Details
Sale Type
For Sale
Property Type
Investment
Zoning
C2
Building sq. ft.
6,700 sq. ft.
(+/-)
Lot Size
0.60 acres (+/-)
Year Built
1961 , 2020
Stories
1
Parking Spaces
28
Ceiling Height
10
Roof Age
New 20 year roof on 100% of building in 2019-2020.
Multi Tenant
Yes
Property Pricing
Sale Price
$753,000
Cap Rate
8%