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$1,425,000
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Description
Excellent investment opportunity yielding an 7.8% cap rate at current occupancy levels (80%). Huge upside potential. The tenant lineup is a mix of high quality, long term anchor tenants, as well great newer tenants. The property is easy to own an manage. Marne Creek Professional Center 1 was built in 1989, is all brick veneer, and has 11,679 rentable square feet. Professional Center II was built in 2006, has brick veneer on two sides, steel on two sides and has 6,570 rentable s.f. There s potential to add onto this building expanding the square footage. The assessment for the construction of Green Street will be paid by the Seller at closing. Listing Agent has ownership in property. Office Building
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| Location: |
Yankton |
Zip Code: |
57078 |
| Bedroom: |
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Bath: |
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| Size: |
0 |
Acreage: |
5.6 |
| Garage: |
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Basement: |
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| Year Built: |
1989 |
Tax Year: |
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| Neighborhood: |
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County: |
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| MLS #: |
0902026 |
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Schools
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Offered by:
Pro-Link Realty
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