Kawon Building

Description

It is located at the heart of the central district, on local Hwy 99. Perfect investment for retirement

Steady and safe income. The anchor tenant is the well know the Asian restaurant, the expected cap rate is over 7.5% in Nov 2019 due to the increment of rent based on the market rate of the rent.

Essential Information

  • Property Type Retail
  • Asking Price 1,330,000
  • Number of Unit 3
  • Occupancy(%) 80%
  • Yearly NOI 108,000
  • Cap Rate 8.1
  • Year Built 1993
  • Year Remodel 2010
  • # of buildings 1
  • Building Size 5000
  • Square Footage .27
  • Number of Tenants 3