Description
Long time Sebastopol Physical Therapy Building, the ABSOLUTE PERFECT 1031 Exchange property with a 6% cap rate NNN!! This attractive building located in a highly visible location in the Sebastopol City limits is being offered with a new 5 year lease (from tenant that has already been there for 22 years) and two 5 year options to renew. Tenant pays taxes, insurance, all utilities, interior maintenance, and exterior landscape maintenance. Sellers will provide a Section 1 Pest Certificate and have had suggested maintenance done to the roof to insure many more years of life. Also, all windows with lost seals are being replaced.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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3,156SQFT
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$474$/SQFT
School Ratings & Info
Description
Long time Sebastopol Physical Therapy Building, the ABSOLUTE PERFECT 1031 Exchange property with a 6% cap rate NNN!! This attractive building located in a highly visible location in the Sebastopol City limits is being offered with a new 5 year lease (from tenant that has already been there for 22 years) and two 5 year options to renew. Tenant pays taxes, insurance, all utilities, interior maintenance, and exterior landscape maintenance. Sellers will provide a Section 1 Pest Certificate and have had suggested maintenance done to the roof to insure many more years of life. Also, all windows with lost seals are being replaced.
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