Listing

MLS #: 10169928

Remarks

2 PROPERTY PORTFOLIO!! (Portfolio price: $3.99m) - See 5376 Forest Pkwy GAMLS #: 10169929) - Excellent opportunity to own a rarely available, 100% occupied cash-flowing property. Professionally managed in house with staff ready/willing to transition to new owner and work hard to continue make money from closing. Perfectly located on Forest Parkway with excellent through traffic and visibility. 1643 Forest Parkway contains two contiguous parcels totaling 1.863 acres. Three commercial buildings with 16 roll up doors, pedestrian doors across 12 units. Most units have an office within their spaces. The buildings total roughly 20,714 sqft per tax roll. Property class: I3 - Industrial. Property is as an excellent value at a market cap rate of 6.75% Property features 100% occupancy with signed 2 year leases containing escalation clauses. Property is in great condition with a minimal amount of repairs needed annually. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT! Property is sold AS-IS, No Seller Disclosure, No Repairs, WE OFFER YOU A CASH FLOWING ASSET POISED IN AN EXCELLENT, GROWING LOCATION. Buyer MUST provide POF prior to showing Appt. OFFER ARE TO BE MADE WITH NO REZONING CONTINGENCIES, Call Listing Agent for Appointment. DO NOT SHOW UP AT THE PROPERTY.