Property details

Net Leased Parking Lot Portfolio For Sale, Southeast Region

Property Description

Net Leased Parking Lot Portfolio For Sale

Four (4) Parking Lot Portfolio.

Must be sold as one portfolio (not available separately).

. Three are located in a major Tennessee Metropolitan City within a few blocks of each other.

The other parking lot is located in a major Oklahoma Metropolitan City - The owner has made some renovations in the middle of an area in which demand for parking is rising steadily with conversions into apartments without any on site parking, steady commercial leasing and the emergence as the "cool art district".

All of the properties are net, net leased to MAJOR parking lot tenant!

The Buyer can terminate and renegotiate each lease, setting the new Net, Net Rent to approximately 85% of the current gross income.

Nothing is wrong with these assets. The owner has decided to move into a different investment vehicle. Great opportunity to move in to very rare, cash-producing assets!


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Property Information

Property Type:
Net Lease
Industry Type:
Purchase Tenure:
Fee Simple

Existing financing information


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