±3,775 SF Building For Sale or Lease

Highlights:

• Opportunity to either lease the existing former bank which is ±3,775 SF or ground lease the parcel and replace the existing building.
• Located on the SWC of E. Florida Ave and Yale Street with visibility to ±27,720 / CPD
• Within a 3-mile radius, demographics show a daytime population of 20,006 and an overall population of 114,754 with an average household income in excess of $79,576.
• Surrounding national tenant mix includes Walmart Neighborhood Market, Stater Bros, Harbor Freight, Grocery Outlet, Planet Fitness, Starbucks, True Value, Taco Bell, Rent-A-Center and more.
• Purchase financing is available to owner-users through the Small Business Administration. Down payments are as little as 10%.
• As an owner, one can benefit from the potential appreciation of the asset.
• After removing principal paydown and accounting for only the interest portion of the monthly loan payment, the cost to occupy (and own) this building can be - far less than the cost of leasing.
• SBA financing allows for buyers to lease up to 49% of their building, creating the opportunity to further reduce occupancy costs.

Description:

Opportunity to purchase the existing building


SWC of Florida Ave & Yale Street

Documents: