Property Type: Commercial building
Lease Details:
Current Rent: $12,000/month plus NNN
Lease Term: 5 years ending February 2029
Tenant: Valley ADHC Adult Care
Tenant History: Serving the community since 2003
Extension Potential: Tenant willing to extend lease for an additional 5 years with new owner's approval
Key Features
Strong Tenant: Established business with a long history in the community, providing stability.
Reliable Income: Collecting $12,000 monthly, ensuring consistent cash flow.
NNN Lease: Reduces management responsibilities, as tenant covers taxes, insurance, and maintenance.
Community Impact: Supports local adult care services, appealing to investors looking for socially responsible opportunities.
Unique Selling Points
Potential for Lease Extension: The tenant's willingness to extend the lease provides security and long-term income potential.
Prime Location: [Highlight any advantages related to the location proximity to major roads, community amenities, etc.]
Opportunity for Growth: Consider potential appreciation in value or options for future redevelopment.