Exceptional investment opportunity featuring a fully leased, income-producing commercial property occupied by a nationally recognized tenant ... H&R Block. This well-maintained 1,845± square foot commercial building offers immediate cash flow with an established lease in place through April 30, 2028, providing stability and peace of mind for investors seeking dependable income.Strategically positioned along one of Magee's busiest commercial corridors, the property enjoys outstanding visibility, strong daily traffic counts, and excellent accessibility. The attractive, low-maintenance exterior and ample paved parking further enhance its long-term appeal while helping keep ownership expenses low.What truly sets this property apart is its future income potential. Based on current commercial leasing activity in the area, the existing lease appears to be below prevailing market rental rates. While future rental rates cannot be guaranteed, a new owner may have the opportunity to increase rental income upon lease renewal or by leasing the property at then-current market rates after the existing lease expires, creating attractive upside for long-term investors.Whether you're expanding your investment portfolio or completing a 1031 exchange, this property offers the rare combination of immediate income, a nationally recognized credit tenant, prime location, low-maintenance ownership, and compelling long-term appreciation potential. Opportunities like this are increasingly difficult to find ... schedule your private showing today.
Details:Exceptional investment opportunity featuring a fully leased, income-producing commercial property occupied by a nationally recognized tenant ... H&R Block. This well-maintained 1,845± square foot commercial building offers immediate cash flow with an established lease in place through April 30, 2028, providing stability and peace of mind for investors seeking dependable income.Strategically positioned along one of Magee's busiest commercial corridors, the property enjoys outstanding visibility, strong daily traffic counts, and excellent accessibility. The attractive, low-maintenance exterior and ample paved parking further enhance its long-term appeal while helping keep ownership expenses low.What truly sets this property apart is its future income potential. Based on current commercial leasing activity in the area, the existing lease appears to be below prevailing market rental rates. While future rental rates cannot be guaranteed, a new owner may have the opportunity to increase rental income upon lease renewal or by leasing the property at then-current market rates after the existing lease expires, creating attractive upside for long-term investors.Whether you're expanding your investment portfolio or completing a 1031 exchange, this property offers the rare combination of immediate income, a nationally recognized credit tenant, prime location, low-maintenance ownership, and compelling long-term appreciation potential. Opportunities like this are increasingly difficult to find ... schedule your private showing today.
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