
Description
Complete 2015 gut remodel of a classic brick one level office building w/attached 23 stall parking lot. New everything. Lot size total is 15,953 SF. Creative quality 8,149 SF buildout (see floorplan), tall 12 ceilings, turnkey including furniture in vacant space, conveniently located with quick access to the core and near all amenities. Solar system on roof! Visible signage on Division w/high traffic count. Current tenant with 3,854 SF has three years remaining on their lease plus they pay 66% of all expenses including Common Area expenses, RE Taxes, Insurance, Utilities and maintenance of the structure and parking lot for 23 cars. 7.45% Cap rate stabilized for next 3 years. 2,029 SF vacant as shown in pictures is available for user or to be leased. Common area is 2,266SF and includes kitchen, bathrooms, reception areas w/door sets on north and south sides of structure. 8,149 SF total on one level.
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0BEDS
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0.37ACRES
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0BATHS
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01/2 BATHS
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8,149SQFT
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$227$/SQFT
Description
Complete 2015 gut remodel of a classic brick one level office building w/attached 23 stall parking lot. New everything. Lot size total is 15,953 SF. Creative quality 8,149 SF buildout (see floorplan), tall 12 ceilings, turnkey including furniture in vacant space, conveniently located with quick access to the core and near all amenities. Solar system on roof! Visible signage on Division w/high traffic count. Current tenant with 3,854 SF has three years remaining on their lease plus they pay 66% of all expenses including Common Area expenses, RE Taxes, Insurance, Utilities and maintenance of the structure and parking lot for 23 cars. 7.45% Cap rate stabilized for next 3 years. 2,029 SF vacant as shown in pictures is available for user or to be leased. Common area is 2,266SF and includes kitchen, bathrooms, reception areas w/door sets on north and south sides of structure. 8,149 SF total on one level.
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