Description
Here is a unique property. A commercial lot in an established neighborhood. Adjacent to and behind O'Reilly's Auto parts. There is a Cell Tower on site and is included in the purchase price. The cell tower lease has approximately 20 years remaining. Lease payments are nearly $2200 per month and have a 1 & 1/2 % annual increase. Commercial zoned property in City may be used for Multi Family development. With the cell lease income, the property is less than $8.00 per square foot and makes it worthy of a closer look. Terms are open.
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0BEDS
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1.15ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Here is a unique property. A commercial lot in an established neighborhood. Adjacent to and behind O'Reilly's Auto parts. There is a Cell Tower on site and is included in the purchase price. The cell tower lease has approximately 20 years remaining. Lease payments are nearly $2200 per month and have a 1 & 1/2 % annual increase. Commercial zoned property in City may be used for Multi Family development. With the cell lease income, the property is less than $8.00 per square foot and makes it worthy of a closer look. Terms are open.
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