Prime Commercial Investment Opportunity with Long-Term Tenant
This exceptional commercial property offers a stable and lucrative investment opportunity, featuring a long-term tenant who recently renewed their lease for an additional 3 years. With a current annual rental income exceeding $47,000, this asset provides a reliable revenue stream, with rental income set to increase to over $50,000 by the third year of the lease.
The property is strategically located in a highly sought after area of Lake Asbury, making it an ideal choice for investors seeking consistent returns. The tenant's lease renewal demonstrates a commitment to the location and further enhances the stability of this investment.
Key Highlights:
Long-term tenant with a 3-year lease renewal
Current annual rental income: $47,000+ with an increase to over $50,000 by year 3
This property offers a rare opportunity to secure a solid, income-generating asset with significant upside potential.
2,491 Sq Ft
3,920.4 Sq Ft Exterior Space
Commercial
Built in 2006
MLS/Listing ID 2079422
2 Units
Lot - Corner Lot
Listing Courtesy of NORTH FLORIDA REALTY ADVISORS, STANLEY BISHOP
Source of Data: NORTHEAST FLORIDA MLS