Do not miss out on an extremely rare opportunity to own two C-17 commercial-zoned lots on Sherman. Build up to 14 stories or keep it as is. Occupy or lease out the current building (used as office space) and or add an additional 3,000 SF new structure behind the existing building (see attachment). With lease rates north of $2/mo NNN, this property makes an excellent owner-user investment or an incredible opportunity to lease up the entire space for max return. The original use was a gas station and recently used as office space (see PDF for layout). A phase 2 environmental report just came back clean and will be provided during due diligence. Two R-12 (limited to residential) raw same-size lots, sold for approx $600,000 across the street last year.
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