Long-term tenant 7-11 Inc. has occupied this corner property in the Admiral Junction since 1968! Single tenant has an Absolute Net Lease with an annual base rent of $25,200 until 2/1/2025. Tenant has two 5-year options to extend with 1st option term Base Rent fixed at $25,410 and 2nd option term at fair market rent. 8,973 SF corner lot with alley access zoned NC2P-55 (M). On a bus line and in a highly desirable neighborhood with the population projected to increase over 8% within 1 mile in the next 5 years. Great opportunity to own a hands-off investment property with a long-term stable tenant in a prime location.
