18000 sqft +

10564 Powley Court Lake Country

$5,250,000
10564 Powley Court - Photo 1
  • Price$5,250,000
  • MLS #10357526
  • Size18000 sqft
  • Lot Size0.65 acres
  • Property TypeRetail
  • Zoning TypeUnknown
  • Listing OfficeRE/MAX Vernon

This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:6770)

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