Description
Attention all investors! Owner is retiring and selling both of their 9000 sq ft. fully leased commercial buildings on the corner of 29th & Patterson Road in the Safeway complex. Most of the tenants & leases are long term. Both the East (2913) and West (2905) buildings are for sale. Both buildings are for sale. 2905 (West building) is presently at a .083 cap rate. 2913 is at a .085 Cap Rate. Land lease is 1.2 acres on 2905 building and 1.94 acres on 2913 building. Seller is twenty years into a 70 year lease on the land for both buildings from Albertsons Corporation. Great opportunity to own two marque commercial building with great ROI opportunity.
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School Ratings & Info
Description
Attention all investors! Owner is retiring and selling both of their 9000 sq ft. fully leased commercial buildings on the corner of 29th & Patterson Road in the Safeway complex. Most of the tenants & leases are long term. Both the East (2913) and West (2905) buildings are for sale. Both buildings are for sale. 2905 (West building) is presently at a .083 cap rate. 2913 is at a .085 Cap Rate. Land lease is 1.2 acres on 2905 building and 1.94 acres on 2913 building. Seller is twenty years into a 70 year lease on the land for both buildings from Albertsons Corporation. Great opportunity to own two marque commercial building with great ROI opportunity.