Property Fully Leased!! Agents, 2014 Sandy Drive presents your investors with a truly rare commercial investment opportunity. This Roeshot built property is second to none in terms of craftsmanship, materials and finishes. The highly successful dental business/tenant leases the entire building. In October of 2019 the tenant signed a new, 10 year guaranteed, lease. The lease is a true NNN lease, the owner does not pay any expenses on the property including exterior maintenance and property taxes. Lease rates are excellent and set to increase in 2023. With a very high NOI, at $2.55M valuation places the CAP Rate at 7%. After 2023 rent increases, a 7% CAP increases the valuation to $2.9M. See attachment for additional investment highlights.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
