Description: GREAT INVESTMENT WITH 8.7% REAL CAP RATE ON NNN LEASE TO A LONG-TERM TENANT. CURRENT TENANT IS THE MONTACHUSETT OPPORTUNITY COUNCIL NOW IN THEIR 13TH YEAR AND HAVE CONSISTENTLY SIGNED LEASE RENEWALS 5 TIMES SINCE LEASE INCEPTION ( most recent 2 year extension runs through 12/2007). BUILDING IS IN GOOD OVERALL CONDITION AND HAS BEEN WELL MAINTAINED BY THE TENANT. CURRENT TENANT PROVIDES CHILD EDUCATION AND DAYCARE SERVICES.
Location Description:
LOCATED CLOSE TO DOWNTOWN AREA AND THE FITCHBURG COURTHOUSE. GREAT CENTRAL LOCATION WITH ADEQUATE PARKING
<<
The information in this listing was gathered from a third party source including the seller and public records. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. CENTURY 21 Realty Team will be pleased to show you this or any other property.
CENTURY 21 Realty Team 5 Park St Leominster, MA 01453 Direct: 978-537-5100 Phone: 978-630-4869 Toll Free: 800-346-5001 Fax: 978-840-2895 admin@c21realtyteam.com