Cash flowing investment with a huge upside. Most units leased below market rates giving you the opportunity to increase rates as the leases turn. This professional all brick building is located in the bustling mall area of Fayetteville. Suite 1&2 are owner occupied through Spring, all other suites are NNN, with the exception of one 500sqft unit. 9 units total, fully occupied by 6 tenants, first lease available for turnover in April. Building has been updated over the years as tenants turn over and the roof and some heat/air units are newer. Building receives a $60,000 tax deduction for the Church occupying suites 3-5.
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Listing Snapshot
Price
$2,400,000
Days On Site
40 Days
Bedrooms
N/A
Inside Area (SqFt)
12,968 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.05 Acres
Year Built
1982
MLS® Number
1333697
Status
Pending
Property Tax
$13,794
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
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Recent Activity
3 weeks ago
Status changed to Pending
3 weeks ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
1.05
Additional Property Use
Office
Disclosures
SellerDisclosure
Foundation
Slab
Number Of Stories
1
Property Sub Type
Retail
SqFt Total
12968
Interior Features
Cooling
Central AirElectric
Flooring
CarpetTileWood
Heating
Natural GasCentral
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Exterior Features
Construction Details
Brick
Lot Features
City Lot
Roof
Shingle
Community Features
HOA Fee Frequency
Monthly
Listing courtesy of Dana McClelland of Blue Canopy Realty
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