Real Estate Grow leased asset

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
No
Is Built Out:
Yes
Has Room For Expansion:
Yes
Operations Are Needed:
No

The existing building is 25,368 +/-  sq ft net rentable on 2.87 acres
identified as Parcel A and B on the attached site plan.
The Tenant has indicated to me they have invested over
$2M in tenant improvements in the building and Land

 

Base rent effective 9-1-2019 is $21,581.91 monthly.  Tenant also pays Landlord a 5%
management fee monthly. The Lease in NNN, Tenant pays all expenses. Lease expires 8-31-
2028. Rent escalates 3% annually. The building is approximately 25,368 sf. The Lease includes
approximately 8.36 acres of land.
 

Lease Term:       8-31-2028
Lease type:         NNN

The current Lease covers Parcel A. Parcel B

Price: $4,500,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Arizona 86312

Recreational: No
Medicinal: No

Listing Type

  • Real Estate