
Description
Fully leased Street Retail Center, Multi Tenant retail Property. Across from Stockbridge City Hall-Now expanding the facility. 100% occupied, Three tenant, stabilized investment offering with upside potential. Tenants are long-term with proven credibility and reliability - all expected to renew upon their lease expirations. The majority of tenants are on gross leases- thereby allowing an investor the immediate opportunity to improve cash flow not only by lowering operating expenses but also by enforcing reimbursable expense billing for water/sewer and trash to the tenants. Long term investor may capitalize on future rent growth and conversion of leases from gross to NNN. Currently, the gross rent tenants are paying within the center averages a very low.
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0BEDS
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0.52ACRES
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0BATHS
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01/2 BATHS
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4,800SQFT
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$197$/SQFT
School Ratings & Info
Description
Fully leased Street Retail Center, Multi Tenant retail Property. Across from Stockbridge City Hall-Now expanding the facility. 100% occupied, Three tenant, stabilized investment offering with upside potential. Tenants are long-term with proven credibility and reliability - all expected to renew upon their lease expirations. The majority of tenants are on gross leases- thereby allowing an investor the immediate opportunity to improve cash flow not only by lowering operating expenses but also by enforcing reimbursable expense billing for water/sewer and trash to the tenants. Long term investor may capitalize on future rent growth and conversion of leases from gross to NNN. Currently, the gross rent tenants are paying within the center averages a very low.
