Property Type:
Land/Farm
Lot Size (sq. ft.):
30,056
Status:
Closed
Current Price:
$1,100,000
List Date:
3/13/2025
Last Modified:
7/24/2025
Overview
Description
ABSOLUTE NNN INVESTMENT JUST A MILE SOUTH OF EASTON! Fee interest of the 0.694 +/- acre outlot that has been long term ground leased. 1,641 +/- SF building is situated on an outparcel to the multi-tenant strip center. Tenant has operated at his location over 15 years. Current term expires
July 2031 with options to extend to 2051. Absolute NNN - tenant pays for all interior and exterior repairs, maintenance, and replacement of any part of the premise or building in addition to taxes, insurance and access road maintenance. Rent increases every 5 years. Excellent investment opportunity close to Easton!
Last Updated: July - 24 - 2025
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