- For Sale $1,850,000
- Property Type Retail
- Property Size 12,000 SF
- Date Updated Apr 29, 2026
Description
Income:
Taxes (1.1%): $22,200
Insurance: $10,000
Net Operating Income: $122,800
Cap Rate: 6.7%
Lease Terms:
Seller Lease Back
5 Year Lease
Two x 5 Year Options
Tenant responsible for all maintenance
except for roof and structure
Excellent Sale Leaseback Investment! Occupied by Fresh
Ideas Flower company, founded in 1998, they are the
region’s largest wholesale and retail flower bouquet
company.
Property features a 12,000 SF commercial building, on a
13,939 SF corner lot and offers a rare combination of office,
retail, refrigerated cold storage, and open warehouse space
under one roof. This property presents a versatile asset with
broad appeal across food distribution, cold storage, light
industrial, and service industry users. Interior highlights
include a 5,000 SF open warehouse (50'×100'), a 1,500 SF 40°
chiller room, a walk-in refrigerator, large office and retail
areas, a remodeled restroom, and a breakroom with
kitchenette.
The property is offered with a seller sale-leaseback in place
featuring a five year modified gross lease at $13,000 per
month starting rent, providing an investor with immediate,
stable income from day one. Please see financial summary
in brochure for more information. Property could be sold to
an owner-user if preferred.
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Contacts
PMZ Commercial
PMZ Commercial