Investment Property
This property for sale features a brand new 10-year NNN lease with Dive Bar, a credit tenant with multiple units that is growing rapidly and is nationally trademarked. Located in the vibrant West End area, the free-standing building offers ample on-street parking. The property rollup doors and a patio fronting Burke St. It spans 7,000± SF across two levels, with a 3,500± SF level bar and a 3,500± SF basement featuring a roll-up door fronting 1st St. Zoned for Pedestrian Business, this property is offered at $1,375,000 with a 6% CAP rate and 3% annual increases.
PROPERTY TYPE: INVESTMENT
LOT SIZE: 0.08 ACRES
SALE PRICE: $1,375,000
YEAR BUILT: 1915