Property Description:

Rare offering: 4000-sf, 3-unit strip commercial income property, affordable price point. Unit A/B, 2000 sf, for lease $1995/mo; Unit C, 1000 sf, leased $1000/mo; Unit D, 1000 sf, leased $1000/mo. Zoned C-H. Inside city, water & sewer at site. Strategic location on Inner Perimeter, a busy, popular 4-lane divided major corridor. 15,000 vehicles per day traffic count and growing as City continues its water & sewer installation nearby. Lots of new growth in this area including new U-Haul Moving & Storage Center coming soon. Pro-forma: $4000/mo rent = $48,000/yr gross, less 25% OpEx/Vacancy = $36,000/yr NOI $495,000 list price = 7.3% pro-forma cap rate at list price. Adjacent property to east also for sale - 3983 Inner Perimeter, listed by First Commercial.