Retail Investment Property For Sale
Property Description
For sale at a price below assessed value, this well-located property presents an excellent investment opportunity in a high-traffic corridor. The offering includes two connected buildings totaling 7,022 SF on 0.65 acres (701 – 4,098 SF on 0.20 acres and 703 – 2,924 SF on 0.45 acres).
The property benefits from a stable tenant, Tidewater Sew & Vac, which recently renewed its lease for an additional five-year term. The current lease provides fixed gross rent for the full term, with the landlord responsible for taxes, insurance, and maintenance.
With a current city assessment of $763,490.00, this asset is being offered below market value, creating strong potential for long-term appreciation and investment upside.
The property benefits from a stable tenant, Tidewater Sew & Vac, which recently renewed its lease for an additional five-year term. The current lease provides fixed gross rent for the full term, with the landlord responsible for taxes, insurance, and maintenance.
With a current city assessment of $763,490.00, this asset is being offered below market value, creating strong potential for long-term appreciation and investment upside.
Listing Info
- ID:
- 2416888
- Listing Views:
- 10
Attached DocumentsAttachment Disclaimer
701 and 703 Airline Boulevard Flyer.pdf
Business Location
Listing ID: 2416888 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.