Description
Invest in a commercial building with a historical 8.5% CAP rate and potential for increased returns... Are you searching for a commercial building that will serve as an investment or house your business? Look no further: The property is boasting a spacious 2,200 SF building on a large 12,502 SF lot, this property offers interior features include four private offices, a sizable break room, men's and women's bathrooms, and an expansive open area at the front of the building - perfect for creative layout options. With ample parking available and convenient access from both the street and alley, this property is ideally situated just one block off S Lincoln Ave in downtown Jerome. Enjoy walking distance proximity to all nearby establishments and only five minute drive from Walmart and I-84. Previous Physical Theropy Tenant was at $10.91 SF NNN. $2,000.00 x 12 $24,000.00 net yearly income brings in a impressive 8.5% CAP with potential upside!!!!
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
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2,200SQFT
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$0$/SQFT
School Ratings & Info
Courtesy of Westerra Real Estate Group.Description
Invest in a commercial building with a historical 8.5% CAP rate and potential for increased returns... Are you searching for a commercial building that will serve as an investment or house your business? Look no further: The property is boasting a spacious 2,200 SF building on a large 12,502 SF lot, this property offers interior features include four private offices, a sizable break room, men's and women's bathrooms, and an expansive open area at the front of the building - perfect for creative layout options. With ample parking available and convenient access from both the street and alley, this property is ideally situated just one block off S Lincoln Ave in downtown Jerome. Enjoy walking distance proximity to all nearby establishments and only five minute drive from Walmart and I-84. Previous Physical Theropy Tenant was at $10.91 SF NNN. $2,000.00 x 12 $24,000.00 net yearly income brings in a impressive 8.5% CAP with potential upside!!!!
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