732 N Main Street
About this property
Excellent investment property. Current tenant is Enterprise Leasing. Tenant has occupied space since 2006 (original lease). Current lease term began Nov 2021 extending to Oct 31, 2031 (rent is $1,100 per month with increase to $1,300 in Nov 2024 then again to $1,400 in Nov 2027 until end of term) with a renewal option of an additional 3 years to follow (rent to be $1,500/mth). Lease attached in documents. In 2020, tenant remodeled building at their expense spending approx $150,000. HVAC & Roof new in 2019 by landlord. Tenant reimburses all taxes & insurance.
About this property
Excellent investment property. Current tenant is Enterprise Leasing. Tenant has occupied space since 2006 (original lease). Current lease term began Nov 2021 extending to Oct 31, 2031 (rent is $1,100 per month with increase to $1,300 in Nov 2024 then again to $1,400 in Nov 2027 until end of term) with a renewal option of an additional 3 years to follow (rent to be $1,500/mth). Lease attached in documents. In 2020, tenant remodeled building at their expense spending approx $150,000. HVAC & Roof new in 2019 by landlord. Tenant reimburses all taxes & insurance.
Features and Additional Information
Presented By Demo - Account
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Brokerage: Interstate Properties, Inc.
