Rare net leased investment opportunity in the heart of Historic Downtown Fredericksburg.
Roof was replaced in March of 2022. Over 3 years remaining on initial term of lease. Tenant has a 5-year renewal option which includes a 4.5% increase on base rent bringing NOI to $144,000 per annum.
Courtesy of: RE/MAX Supercenter Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th August, 2022 6:11 AM (UTC)