INVESTMENT HIGHLIGHTS:
Building Size 24,964 sq ft,
Lot Size 39,204 sq ft,
Year Built 1989,
97% occupied,
First Time On Market in Over 20 Years,
Recently Re-Roofed,
New LED lighting,
New surveillance cameras throughout the property,
New, LED monument sign,
85 parking spaces,
1 elevator, 2 staircases.
Strong and stable cash flow for potential investors.
Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases.
Triple net leases .
5% annual rent increases providing strong rent growth for a potential buyer.
The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.