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851 Richards Blvd,

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5.98% cap rate Only 30% of the 22,320 SF is occupied, with over $20K in revenue, leaving 70% to lease or owner-user. Pro forma at 15% cap rate. 12.17% cap rate year two. The 22,320 SF property sits on 1.4 acres with plenty of shared parking and a small private yard for the 15,458 SF […]

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