Company Description
Drone footage of property - https://www.youtube.com/watch?v=eLhz9Y4hXkM
This property is a free standing 4 unit retail building built in 2010.
The tenants include McDonalds, Domino's, US Cellular, and a Real Estate Office.
All tenants are on multi-year triple-net leases (NNN). This means that the tenants pay all the expenses of the property including real estate taxes, building insurance, and maintenance. The new lease for the real estate office starts 04/01/2022 and the seller is providing a $708.22 credit until the new tenant moves in.
Refer to the 'Documents' tab above to view the following information:
Extended Property Description
Rent Roll & Lease Terms
Inspection Report
Purchase Contract
Operating Expenses
Comparable Properties
Building Improvements
Pest Report
Our A.I. does not have enough data for this property to make an accurate forecast of the future appreciation. Because of this, we are not projecting that these properties will rapidly appreciate. The projected appreciation of 12% is determined by taking the average of HouseCanary's 3 year appreciation projection for the zip code.
The LLC documents will be uploaded to the 'Documents' tab once the property is fully funded and closed.
