The offering is a multi-tenant 5,836 square foot mixed-use building that includes apartment, office and retail space. Currently leased to @properties, BB Donuts and an apartment user. There is a modified gross lease in place that expires in June, 2028 with 2.5% annual increases. @properties will sign an amendment to the lease at closing extending the base term for a full 7 years. Additionally there are 3 five (5) year options to renew that lease. BB Donuts has a lease until September 2023 Due to its mixed used status, the real estate taxes are only $1.98 per square foot and @properties is responsible for 44% of the taxes. Attractively priced at an 6.4% CAP Rate based on current income, this offering provides an investor a very attractive return with a strong tenant in place
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