Investment Property Opportunity- A great opportunity to start or expand your portfolio with a solid investment property. The building underwent extensive renovations in 2024 and is currently leased to a well-established daycare business, providing a secure and stable tenant. The NNN lease is for 10 years until December 2034, with two additional 5-year renewal options, ensuring long-term stability. Attractive rent escalations are built in every two years, increasing both cash flow and property value. The property is currently listed at a cap rate above 6%, with projections to reach around 7% by the end of 2026âand continuing to grow with each escalation. Donât miss this opportunity to acquire a fully renovated property with excellent returns and strong future growth. Please respect confidentiality, strictly do not approach the tenant.Other Property Types: Office,RetailSubject Space Width: 50Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: YesSeller Rights: NoAppointment Name: Kram SarohiaAppointment Phone: 780-807-8503Paragon Listing ID: E4454531 (id:27476)
