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12134 Pacific Highway SW$1,097,000For Sale

$1,097,000
For Sale
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Presenting a fully occupied investment prospect, this property offers a unique opportunity to expand your portfolio with a 3 unit retail strip! Anchored by two well-established restaurants and a smoke shop., The property is situated on the bustling Pacific Highway, ensuring high visibility and traffic. The site benefits from parking visibility and potential for higher rents enhances its value-add potential. All units are under triple net leases (NNN) ensuring tenants are responsible or expenses. Located in an area experiencing growth, this property represents a dynamic investment for some one looking to add to their portfolio. Sale includes two tax parcels. 5 year leases with 3% annual bumps! *DISCRETION ADVISED Do not disturb tenants

6,000 Sq.Ft. lot

Michael Piccolo

Michael Piccolo

Features & Amenities

Interior

  • Flooring Laminate, Vinyl
  • other interior Features Laminate

Area & Lot

  • Status For Sale
  • Lot Area6,000 Sq.Ft.
  • MLS® ID2307355
  • TypeCommercial
  • YEAR BUILT1941

Exterior

  • water SourcePublic
  • roofComposition
  • sewerSewer Connected
  • SubstructureBlock
  • other exterior FeaturesWood, Wood Products

Financial

  • Sales Price$1,097,000
  • Real Estate Tax $6,428/yr

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