Charleston Blvd

$2,488,000
Price
$2,488,000
Area
950 m²
Total Investment Value
$2,488,000
Underlying asset price
$2,320,000
Closing costs
$5,000
Upfront DAO LLC fees
$600
Operating reserve (2%)
$0 / $46,400
Sorra listing fee (5%)
$116,000
Annual gross rents
$154,415
Property taxes
$0
Homeowners insurance
$0
Property management
$4,635.45
Annual DAO LLC administration and filing fees
$500
Annual cash flow
$149,380
Monthly cash flow
$12,448
Projected Annual Cash Flow
$149,379.67
Address
6 Avenue Montaigne, 75008 Paris, France

Property originally listed for sale on the marketplace by HH Eldridge LLC.Click here to learn more about how third parties sell their properties on the Lofty Marketplace.

Located in the Quad Cities Metro area, this 4-unit retail building built in 2010 features prominent tenants including McDonalds, Domino's, US Cellular, and a Real Estate Office. All tenants operate under multi-year triple-net leases (NNN), covering property expenses including taxes, insurance, and maintenance. The property benefits from its strategic location just 1 minute from a major U.S. highway (Route 61) and proximity to a future Amazon robotics fulfillment center, set to open in summer 2024 with an expected $148M annual economic impact to the region.

Key documents available in the Documents tab:

• Rent Roll & Lease Terms• Inspection Report• Purchase Contract• Operating Expenses• Comparable Properties• Building Improvements• Pest Report