2185 N Fraser St.
About this property
Investor's Special!! Enjoy a 10-year Lease with multiple property physical improvements prior to the tenant taking possession. Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
About this property
Investor's Special!! Enjoy a 10-year Lease with multiple property physical improvements prior to the tenant taking possession. Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
Features and Additional Information
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Brokerage: Marek Property Advisors
