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$440,000
5,670 Sq. Ft.
Attention Commercial Investors! A well known Salon & Spa tenant that's already had 10 Successful Years has just agreed to a 5 Year Lease Extension that will result in an 8.12 Cap Rate starting November 1st! The property is in Great Condition and is located on Prospect Ave which is a Main Thoroughfare in North Fond du Lac. The Landlord has minimal responsibilities making this a very passive investment. The tenant pays all utilities and maintains all interior contents/fixtures. This property consists of 5 adjacent parcels totaling almost an Acre and has plenty of paved parking. The corner parcel is buildable as a future development as well which adds plenty of value to this investment. Call now for more information and lock in the Cash Flow!
Inclusions:
None.
Exclusions:
Seller's & Tenant's Personal Property, Any Salon Fixtures, Etc. that belong to the Tenant
Get a detailed Home Value Estimate Based on Current Market Trends/Get a Detailed Estimate Based on Current Market Conditions Impacting Your Home's Value
Adashun Jones, Inc.
Provided by: Better Homes and Gardens Real Estate Special Properties
Adashun Jones, Inc.
Provided by: Better Homes and Gardens Real Estate Special Properties
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