5% cap rate from business rental income

Real Estate

Lane County, OR

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Overview

Year Built
1950
Property
Freehold

Business

Description

DEVELOPMENT OPPORTUNITY
.62 acres with cash flowing business on premises yielding 5% cap rate from $31,200 annual rental income on a NNN basis for a 5 year year term with 5 year option. 2888sf building, fresh water well, two DOT approved entrances and exits off 126, large parking lot and large outdoor patio with deck.

Sale

Reason for Selling

Retirement

Premises

Location

Lane County, OR

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Ad Id: xm1344 | EG11122