Location
Agent Comments
Calling All Investors! 8.6% Cap Rate! This NNN investment features a fully renovated building with significant physical improvements made prior to the current tenant’s occupancy. The property is leased to a childcare business, which is in the third year of a 10-year lease. Rent increases by 2% annually starting in year 3. Additionally, the lease includes two 10-year renewal options, each with a 2% rent increase. The tenant is responsible for ad valorem taxes, insurance, utilities, landscaping, and trash removal. Located near Georgetown Hospital, this is an excellent long-term investment.
Interior Features
- Cool System: Central Air
- Heat System: Central
- Floors: One
- Interior: Handicap Access
Additional Features
- County: Georgetown
- Property Type: Office
- Tax Number: 02-0103-011-00-00
- Stories: 1