$1,350,000
Fully leased 2,700 square foot convenience store to a national tenant with a 7.2% CAP RATE on 0.6 of an acre (sale of land and building only). Circle K has occupied the property for over 20 years. The lease was just renewed for a further 5 years starting February 2025 through to February 2030. In place net income ($99,000.00/year) generates a 7.2% CAP RATE on asking price. For further lease details please inquire with listing agent. (id:63476)
Property Details
|
MLS® Number |
C8069714 |
|
Property Type |
Vacant Land |
Building
Land
|
Acreage |
No |
|
Size Irregular |
0.6 |
|
Size Total |
0.6 Ac |
|
Size Total Text |
0.6 Ac |