6.50% Cap Rate - Verizon National Tenant

Retail-Commercial for Sale
Catylist Listing ID: 30664970
Property Subtypes: Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Gross Land Area: 3,600 SF
Sale Price: $575,000
Unit Price: $159.72 PSF
Property Use Type: Investment
Usable Size (USF): 3,600 SF
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Last Updated: 10/12/2021

Overview / Comments

Building in York, Nebraska for sale with Verizon as tenant.
Property has two tenants and is fully leased.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $1,881 (Annual)

Additional Details

Nearest MSA: Grand Island
County: York
Tax ID/APN: 930011562
Retail Clientele: General
Property Located Between: N Lincoln Ave and N Grant Ave
Property Visibility: Excellent
Largest Nearby Street: N Lincoln Ave
Highway Access: Hwy 81
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1920
Total Parking Spaces: 8
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 17 BLK 68 OT City of York

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,874 8,518 8,518
Median Age: 33.67 39.28 39.28
Households: 1,211 3,436 3,436

Contact

Photograph of Listing Agent

Cindi Nickel

Coldwell Banker NHS Real Estate
MRCIE Member
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