10,000 sq ft mixed retail property in a high traffic, low competition corridor. Separate meters for water, heat, electric for each tenant. 50% reimbursement for tax and maintenance. 7% cap rate as currently leased (75% of rentable sq ft occupied) 9% Cap Rate at 100% occupancy ($300k+ NOI). All Tenants have excellent leases with escalation clauses set in, and leased at or above market rate (Avg base rent is $37 rsf). There are several multifamily projects slated for construction in the immediate area increasing the potential for profit for the business. A great find for a 1031 with low effort ownership. GPI at 100% Occupancy is $366K for year 1.