Red Apple Lac Du Bonnet

Retail-Commercial for Sale
Catylist Listing ID: 30819524
Property Subtypes: Free-Standing Building
Building Size (RSF): 8,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $1,349,000
Unit Price: $156.86 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/5/2022

Overview / Comments

Red Apple is a long term tenant with 4 years left on their lease before 2nd of 3rd options to renew. Vacant land adjacent to building is included in purchase price and could be developed into a commercial/residential building.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $24,000 (Annual)
Tax Value Land $107,000
Tax Value Improvements $718,800
Assessed Value - Total($) $836,000 (Annual)
Potential Rental Income $103,200 (Annual)
Net Operating Income $103,200 (Annual)
Actual or Proforma Year Actual

Additional Details

Submarket/Township: R28
Tax ID/APN: 1200.000
Zoning: CC
Retail Clientele: Business, Tourist, Recreation
Property Visibility: Excellent
Property Condition: Good
Year Built: 2007
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other

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Contact

Photograph of Listing Agent

Bobby Brown

Brown Leon A. Ltd.
CPIX® Member
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