Description
7210 Greenhaven Drive is a hard to find opportunity to invest in a ground leased office building (+/- 22 years remaining on ground lease). Currently fully leased to 4 professional tenants - two dentists and two insurance agents. Estimated cash flow on existing rent after sale is $34,000 annually or an approximately 9.75% CAP Rate. Smaller investors will love the high yield, tax benefits, and ease of maintenance. Recent renewals and term leases show predictable cash flow and tenant commitment to the building and Greenhaven market.
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School Ratings & Info
Description
7210 Greenhaven Drive is a hard to find opportunity to invest in a ground leased office building (+/- 22 years remaining on ground lease). Currently fully leased to 4 professional tenants - two dentists and two insurance agents. Estimated cash flow on existing rent after sale is $34,000 annually or an approximately 9.75% CAP Rate. Smaller investors will love the high yield, tax benefits, and ease of maintenance. Recent renewals and term leases show predictable cash flow and tenant commitment to the building and Greenhaven market.
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