Fully leased retail building available for sale on Lancaster. The current tenant has an additional 6 years left on their initial lease term. Tenant is responsible for all expenses with the exception of the roof and structural components of the building. Rental income beginning in August is 77,408.00 per year and continues with 3% annual increases. DO Not Disturb Tenants.
| Property Type | Retail |
|---|---|
| Property Use | Rental or Investment |
| Year Built | 1986 |
| Level Number | 1 |
| Zoning | CR |
| Tax Year | 2023 |
| Average Daily Rate | 100 |
| Listing ID | S7ZXFZ |
| MLS ID | 817208 |
| Style | Retail - Free Standing |
| Building Size | 4,830 SF |
| Lot Size | 10890 SF |
| Taxes | $10,660 |
Region: Oregon
Region: Salem
Region: USA
| Parking Places: | 18 |
| Sewer: | City |
| Water: | City Water |
| Age: | 31-40 Years Old |
| Lot Size: | 2-5 Acres |