Description
10,600 square foot warehouse/retail building currently leased to Fortune 500 Company. 3-year initial lease with (2) 3-year option periods. Only expense that owner pays is a $2500/year insurance rider. All other expenses (taxes, utilities, all other insurance, building maintenance, snow, lawn, exterior maintenance) are paid by the tenant. Owner is responsible for roof(rubber roof approximately 4-5 years old) structure. 2% increase per year on lease. Tenant has been at building for 35+ years. 16 parking spaces.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
10,600 square foot warehouse/retail building currently leased to Fortune 500 Company. 3-year initial lease with (2) 3-year option periods. Only expense that owner pays is a $2500/year insurance rider. All other expenses (taxes, utilities, all other insurance, building maintenance, snow, lawn, exterior maintenance) are paid by the tenant. Owner is responsible for roof(rubber roof approximately 4-5 years old) structure. 2% increase per year on lease. Tenant has been at building for 35+ years. 16 parking spaces.
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