***Investment Opportunity | 13.97% Cap Rate - Single Tenant Industrial | Solid Income Stream***

Excellent opportunity to own a high Cap Rate investment property. Current lease in place is a "net lease" where tenant pays all expenses - including property taxes, insurance and maintenance. Net operating income for this property is $26,400, with a Cap Rate of 13.97%. Tenant in place has been doing business in area for over 15 years, and has an excellent reputation in their industry. Lease runs through the end of 2013. Excellent opportunity to own a high yield passive income stream, with a minimal cash outlay. Compare to other investment vechicles, this is a sound choice.

Property Type: 
Investment - Industrial | Office/Warehouse/Production
More details: 

Building consists of 1,900+/- Sf of office space with 6,400+/- Sf of mostly heated warehouse and production area.

Address: 
Sauk Rapids, MN
County: 
Benton
Size of Building: 
8,300 sq ft +/-
Overhead Doors: 
Two - 14' ; One - 10'
CAP Rate: 
13.97%
Price: 
$189,000
Terms: 
Cash | Possible Contract for Deed