100% Fully Leased Investment Office/Retail in Seville
111-121 Greenwich Rd
Seville 44273
https://thebrokerlist.com/have/100-fully-leased-investment-office-retail-seville-87135
FOR SALE
Property Type:
Strip Center
Last Verified:
Feb 28, 2020
Description
Building size is 6,720 SF zoned local commercial. 111-121 East Greenwich Road is 100% fully leased. Tenants consist of a Laundromat, Artist, Shelly & Sands, Fancy Paws Pet Grooming, and Decor Design & Construction. Current gross income is $41,460. Tenant pays CAM and utilities. 111-121 Greenwich Rd and 123-133 Greenwich Rd can be purchased together for $615,000.
Located on Greenwich Rd in Seville one mile to interchange I-76 and SR 3.
Year Built: 1980
Building Size: 6720.0sq ft
Building Class: C
Lot Size: 0.0 acres
Map of 111-121 Greenwich Rd, Seville, 44273
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
