Description
List price to be opening bid at online only auction. Bidding begins Thursday, August 11th & ends Tuesday, August 16th, 2022 @ 11:00 AM.. Improved by a 2,486 +/- SF tenant occupied commercial building. The first floor is retail space and the second floor is office space. As of 7/5/2022 all tenants are current on their rents. The first floor is leased by a tenant doing business as Boost Mobile who is in the 4th year out of 5 of their lease. The tenant is a multi unit operator for Boost Mobile and is current on their rent. The tenant is responsible for all interior maintenance including electrical, plumbing, HVAC. The tenant pays for all of their utilities including gas, electric and water/sewer. The landlord is responsible for the exterior and structural integrity of the building. Landlord pays for real estate taxes. The second floor is rented by a tenant utilizing the space for office use. The tenant moved in 2018 and is currently on month to month term. Tenant is responsible for all utility expenses including gas, electric and water/sewer. Current gross monthly rent of $2,276. Current gross annual scheduled rent of $27,312. Unit 1 is located on the main level and is currently rented for $1,639/month. Unit 2 is located on the upper level and is currently rented for $637/month.
Description
List price to be opening bid at online only auction. Bidding begins Thursday, August 11th & ends Tuesday, August 16th, 2022 @ 11:00 AM.. Improved by a 2,486 +/- SF tenant occupied commercial building. The first floor is retail space and the second floor is office space. As of 7/5/2022 all tenants are current on their rents. The first floor is leased by a tenant doing business as Boost Mobile who is in the 4th year out of 5 of their lease. The tenant is a multi unit operator for Boost Mobile and is current on their rent. The tenant is responsible for all interior maintenance including electrical, plumbing, HVAC. The tenant pays for all of their utilities including gas, electric and water/sewer. The landlord is responsible for the exterior and structural integrity of the building. Landlord pays for real estate taxes. The second floor is rented by a tenant utilizing the space for office use. The tenant moved in 2018 and is currently on month to month term. Tenant is responsible for all utility expenses including gas, electric and water/sewer. Current gross monthly rent of $2,276. Current gross annual scheduled rent of $27,312. Unit 1 is located on the main level and is currently rented for $1,639/month. Unit 2 is located on the upper level and is currently rented for $637/month.
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