Description

Excellent commercial investment opportunity offered at $799,900! This approximately 9400 sq ft. multi-tenant bldg is situated on a prominent corner lot along Greenville Bypass and offers established income with significant potential for additional revenue.rnThe largest portion of the bldg is currently leased at a base rent of $37,454.40 annually. The tenant also pays approx. $4,284 in property taxes, $3432 in insurance, $4728 in janitorial expenses, and $240 in annual pest control. An addition 1721 sq ft suite is currently availabla for lease at $1600 per month representing additional annual base rent of $19,308.Once leased at the current asking rate, total base rental income from these two spaces would be approx. $56,762 annually. The middle suite is presently occupied rent-free by a non-profit organization, offering further potential for increased future income. rnWith an established tenant, multiple rentable spaces, excellent visibility, and a desirable corner location, the property offers an attractive combination of current income and value-add potential for an investor or owner-user.

Features

Directions

From I-65 S take Exit 130 and go east on Fort Dale Rd and then left on Greenville Bypass. Continue down and property is on the left on the corner of Greenville Bypass and Airport Rd.

Courtesy of: First Realty of Greenville