Parcel#: 2489-15-G-00-0033-0 / Block & Lot#: G / 33
Building Size: 14,888 Square Feet
Lot Size: 30,056 Square Feet / 0.69 Acres
40 Space Parking Lot
Zoning: Light Industry (LI)
Year Built / Renovated: 1978
Type of Ownership: Fee Simple
1 Tenant: Currently Double Net Leased Property, Landlord Only Responsible for the Real Estate Taxes
PAY-O-MATIC has a long operating history (over 15 years) at this location
Lease Commencement: December 1, 2024
Lease Expiration: November 30, 2027
There is a 6-month cancellation clause for both the tenant and the landlord
Rent Escalations: 3% Annually
Double Net Operating Income is currently $323,131.56 annually
The current real estate taxes are approximately at $138,000 annually.
Tenant is responsible for Insurance, Common Area, Roof & Structure, HVAC and Utilities