Overview

Calling All Investors, Developers & End-Users!!! 100% Occupied 9.19 Cap 2 Unit Building For Sale!!! Located At A Lighted Intersection The Property Features Great Exposure, Excellent Signage, Central Air, 12+ Parking Spaces, High Ceilings, Strategically Placed Curb Cuts, +++!!! This Portion Of Broadway (A.K.A. Route 110) Has A Daily Traffic Count Of 46, 000 Vehicles Per Day!!! Neighbors Include Starbucks, Checkers, Advance Auto Parts, Taco Bell, +++!!! Income: Jerk Chicken Restaurant: $43, 200 Ann.; Lease Exp. 1/1/2030; $1, 200 Ann. Inc. (1, 200 Sqft.) Tax Rebate From Jerk Chicken Restaurant: $4, 000 Ann. Deli: $39, 600 Ann.; Lease Exp. 6/1/2036 (1, 200 Sqft.) Deli Tax Rebate: $4, 000 Gross Income: $82, 600 Ann. Expenses: Taxes: $7, 000 (Owners Portion) Insurance: $3, 400 Water: $0 Gas: $0 Electric: $0 Water: $0 Maintenance & Repairs: $0 Total Expenses: $10, 400 Net Operating Income (NOI): $72, 400 Ann. (9.19 Cap)