Platt College Building - Moore Campus
$3,500,000
7.31% CAP - 10 Year NNN Lease
Platt College Moore Campus. Single tenant NNN Lease. Landlord is only responsible for roof and structure. 10 years remaining on the lease. High annual rent increases of $8,000 per year. Lease is with parent company Ancora. Ancora is a growing and profitable company with 11 vocational college brands underneath it with multiple colleges around the country.
32,250 sq/ft building
3.53 acres
$256,000 NOI
7.31% CAP Rate