Courtesy of: Sandra F Shaffer, Invest Southwest, Sandy@investsw.com
Courtesy of: Sandra F Shaffer, Invest Southwest, Sandy@investsw.com
$2,050,000
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Lot: 0.78 Acres
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Retail
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$2,050,000
301 Whipple Street Portfolio of two well located multi-tenant properties. Originally built for the current Seller, they are well constructed, well maintained. A mix of retail and office with a total of 5 tenants in 10, 462 SF. Tenants are a fitness center, insurance, construction, interior design and photography studio. Both properties are in main traffic corridors with high visibility. Low rents with some short-term leases allow you to build income. Price per square foot is well below replacement cost. 301 Whipple Street, built in 2007, has three long-term tenants in a total of 5, 626 SF. 1702 Willow Creek, built in 2003, includes an interior design studio and photography studio in 4, 836 SF. Current 5.95% cap rate with low rents. Quality buildings with opportunity for income growth.
Courtesy of: Sandra F Shaffer, Invest Southwest, Sandy@investsw.com
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