Investment Property
This property for sale features a brand new 10-year NNN lease with Dive Bar, a credit tenant with multiple units that is growing rapidly and is nationally trademarked. Located in the vibrant West End area, the free-standing building offers ample on-street parking. The property rollup doors and a patio fronting Burke St. It spans 7,000± SF across two levels, with a 3,500± SF level bar and a 3,500± SF basement featuring a roll-up door fronting 1st St. Zoned for Pedestrian Business, this property is offered at $1,375,000 with a 6% CAP rate and 2% annual increases.
PROPERTY TYPE: INVESTMENT
LOT SIZE: 0.08 ACRES
SALE PRICE: $1,375,000
YEAR BUILT: 1915
Investment Highlights ~
Brand new 10-year NNN lease to Dive
Bar
• Credit Tenant has multiple units and
growing fast (nationally trademarked)
• Free standing building in vibrant West
End area with on-street parking all
around
• Zoned Pedestrian Business
• Property features roll up doors and
patio fronting Burke St
• 7,000± SF on 2 levels
• 3,500± SF main level bar
• 3,500± SF Basement with roll-up
door fronting First Street
• For Sale: $1,375,000 (6% CAP, 2% increases)
