2988 16 HIGHWAY
Terrace
Fully leased 2,880 square foot convenience store to a national tenant on 4.2 acres (sale of land and building only). Currently in the 5th year of a 5 year lease term with Circle K. Tenant has occupied the Property for over 20 years. In place net income generates a 6.33% cap rate on asking price. Renewal net income (starting January 2025) will produce a 7% cap rate on asking price. (id:58842)
Property Information
Unknown
2880
sqft
4.32 acres
0
More Information
26901043
C8060030
Stewart Dunbar
1995650
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Stewart Dunbar
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