1102 28th Avenue Ct in Milton
| Listing ID: | 2192087 (Commercial) |
|---|---|
| Listing Price: | $1,750,000 |
| Days on Market: | 103 |
Details | |
| Lot Size: | 0.27 acre (11,613 sqft) |
Exceptional high visibility investment property in rapidly developing Milton location. Striking new construction drive through coffee stand offers fabulous curb appeal & long-term lease to popular Gravity Coffee tenant. Guaranteed 5-year lease generates excellent cash flow for future owner with base rent of $8,500/mo + NNN expenses. Tenant pays all utilities directly with option to exercise 4 additional lease extension periods of 5 years each. Lease extensions feature automatic base rent increases of 12.5% per extension. Desirable 11,613 SF level corner lot provides excellent traffic counts & 6 dedicated parking spaces. Incredible opportunity to own a brand new turnkey investment property with steady rental income in a fabulous location.
This listing is provided courtesy of NWMLS, contributed by Windermere R.E. Northeast, Inc.
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