Newly built building with retail units.
Description
Total area of the property is 642 m².
The plot size is 4,452 m².
The property was built in 2017.
Financial performance
The cost of the property is 2,560,000 $.
Absolute annual income is 128,000 $.
The current yield of 5.0%.
Tenants
The tenant is a large chain store.
The lease agreement provides the indexation of the rent.
Location and nearby infrastructure
The object is located in fastest growing city in northeast Florida on the banks of the river St. John's.
A supermarket, a pharmacy, a cafe, an auto workshop and a filling station are situated nearby.
