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This HIGH-TRAFFIC commercial building with CAP Rate of 9.1% is set in a great location with high visibility right across from HEB, and near the major intersection of Alameda in Staples, in an area ripe for business with shopping, Services, and restaurants surrounding it. There is currently a lease in place through end of 2027 to a long-time Tenant. Therefore, this could be held as an income property with good stability, or used as an Owner-Occupant building once the lease is up. Investors will note that the rest of this 7-unit strip known as Antique Lane is also For Sale.
Features
Age: Over 50 Years Old
Cooling System: Electric
Cooling System: Central Air
Exterior Type: Block
Floors: 1
Heating System: Electric (Heating)
Heating System: Central
Legal Description: ALAMEDA PARK E31.6' OF 10 BLK 1