This is the sale of a leasehold interest only. Underlying ground lease extends 10/31/2032. The front parcel is NNN sub-leased to Pilot Oil Corp. The rear parcel has the two-story office building; currently with 4 tenants and 3 vacancies. Financials are pro-forma and available upon request and with explanations. Suites G and H are currently unfinished.
|Property Type||Office Bldg|
|Property Use||Net Leased Property|
|Cap Rate Percentage||10.6|
|Style||Office Bldg -General|
|Lot Size||1.38 AC|
|Available Date||Jun 21st, 2019|
Directions: North on Broadway, bear right onto Tazewell Pike, property is on the right.