![[Freeport Real Estate, listing number 7230798]](https://www.vlshomes.com/images/full/7230798a.jpg)
| Description: 7230798 | |
| Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $146,888, delivering a 6.39% cap rate at a $2.3M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district. | |
Details: |
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| Property Type: | Commercial | |
| Built: | 1918 | |
Financials: |
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| Price: | $2,299,000 | |
| Taxes: | $43,000 | |
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