NOI: $38,000
Price: $380,000 (10% cap-- before roof and structure reserve)
Lease: US Post Office
10 years commencing 1/1/97, flat
No cancellation privileges
Net net-- roof and structure only responsibility
Perfect replacement to complete all or part of a
small 1031 exchange.
Property: This 3267 square foot Post office building was first leased to the U.S. Post Office about 30 years ago and has been the Main Post Office in this quaint Massachusetts town. The site area is 22,100+- sf. The new ten year lease will commence on January 1, 1997.
Price: $380,000
This information has been received from sources deemed reliable but is presented subject to errors and omissions and withdrawal without notice.