100% Leased - 8.0% Cap Rate - 3721 W 13th St Grand Island NE
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Free-Standing Building, Mixed Use
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Overview / Comments
100% leased property located on the west side of Grand Island just off of Hwy 281. Provides a great investment opportunity with a cap rate of 8.0%. The building was built in 2006, and is located on the desirable West 13th Street. The retail center is anchored by Anytime Fitness, which has a lease in place through December 31, 2022, and has been in the center since 2015. The second bay has a Dentist who has occupied the space since 2011, and has a lease in place through April 2022. The third bay comes with a master lease from the landlord through December 31, 2020 to hold for future expansion. Agent has equity interest in the property and the Anytime Fitness operation.
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