Description
**Please be discreet and do not disturb the ongoing business or employees** This is a fantastic opportunity for an I.R.S Section 1031 Like-Kind Exchange replacement property. The property is currently leased through the end of 2025 with two 2-year options, to Gentle Foot Care, LLC. Gentle Foot Care, LLC leases 4,000 Sf of the 8,000 Sf property. The current base rent is $4,500 per month plus $1,799.73 per month in Taxes and Insurance. Beginning year 3 the lease contains 2% annual increases. Lease originated 1/01/2021 through 12/31/2025. There are two additional gross leases of $1,500/Month each for a total of $3,000/Month. One lease is through March of 2026 (1,800 Sf) Gentle Foot Care, LLC and the other is October of 2025 (1,200 Sf) Foot and Ankle Specialists, LLC.
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
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8,000SQFT
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$0$/SQFT
School Ratings & Info
Description
**Please be discreet and do not disturb the ongoing business or employees** This is a fantastic opportunity for an I.R.S Section 1031 Like-Kind Exchange replacement property. The property is currently leased through the end of 2025 with two 2-year options, to Gentle Foot Care, LLC. Gentle Foot Care, LLC leases 4,000 Sf of the 8,000 Sf property. The current base rent is $4,500 per month plus $1,799.73 per month in Taxes and Insurance. Beginning year 3 the lease contains 2% annual increases. Lease originated 1/01/2021 through 12/31/2025. There are two additional gross leases of $1,500/Month each for a total of $3,000/Month. One lease is through March of 2026 (1,800 Sf) Gentle Foot Care, LLC and the other is October of 2025 (1,200 Sf) Foot and Ankle Specialists, LLC.
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