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INVESTMENT HIGHLIGHTS
- High Visibility
- Flexible Tenant Mix
EXECUTIVE SUMMARY
Excellent investment or owner user opportunity located on Fulton's main commercial strip! This high exposure 3 unit building totals approximately 18,000 +/- sq ft and features flexible layouts, and a strong tenant mix. One long-term national tenant provides stable income with great lease terms, while two vacant units, approx. 4,300 +/- sq ft are available for occupancy. The spaces can be leased separately or combined, offering ideal configurations for retail, office, or service-based businesses. The middle unit (4,300 +/- sq ft) includes retail frontage, two restrooms, storage rooms, and a 7.5’ overhead door at the rear. The end unit (4,300 +/- sq ft) features a retail/showroom area, six offices (four enclosed, two open), a bathroom, and a heated shop space with three 10'x10' overhead doors and dedicated parking. Property is available for sale at $599,000 or lease at $4/sq ft. Don’t miss this prime commercial opportunity!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$45,600
|
$2.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$45,600
|
$2.58
|
| Taxes |
$18,516
|
$1.05
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,516
|
$1.05
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $45,600 |
| Annual Per SF | $2.58 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $45,600 |
| Annual Per SF | $2.58 |
| Taxes | |
|---|---|
| Annual | $18,516 |
| Annual Per SF | $1.05 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,516 |
| Annual Per SF | $1.05 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
17,644 SF
Year Built
1968
Price
$599,000
Price Per SF
$33.95
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C2
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Mavis
- Services
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Mavis | Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 350400-253-034-0001-008-000-0000 | Total Assessment | $360,000 |
| Land Assessment | $158,800 | Annual Taxes | $18,516 ($1.05/SF) |
| Improvements Assessment | $201,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
350400-253-034-0001-008-000-0000
Land Assessment
$158,800
Improvements Assessment
$201,200
Total Assessment
$360,000
Annual Taxes
$18,516 ($1.05/SF)
Tax Year
2024
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