Listed by The Menlo Group Commercial Real Estate LLC
$1,250,000
Oasis at the Islands
Details
APN 302-35-380; 302-35-381
Property Type Office
Sub Type Executive Office
Square Footage 3,400
Units 2
NOI $38,560
Lease Expiration 08/31/2026
Class B
Year Built 2005
Investment Type Owner/User
Office | 3,400 SqFt
Marketing description
Rare investment opportunity within the highly sought-after Oasis at the Islands professional office complex. This offering features a two-suite office condo, including one vacant suite, ideal for an owner-user or new tenant, and one leased suite with stable income in place through September 2026 with potential interest in extending lease. Now available for $1,250,000, this property combines immediate upside potential with long-term investment security in a thriving business community.
Location Description
Great location at the Oasis at the islands off of S McQueen Rd and W Elliot Rd
Investment highlights
- For Sale
- Owner User/Investment
- $1,250,000.00
- 1 Occupied Unit
- 1 Vacant Unit
- Built - 2005
- Suite 206 | 1,500 SF - VACANT - Includes 5 private offices, break room, restroom, lobby (Parcel # 302-35-380).
- Suite 207 | 1,900 SF - OCCUPIED (NOI - $38,560) Includes 7 private offices, break room, restroom, lobby (Parcel # 302-35-381). Lease expires September 2026.
- Tenant has interest in a potential renewal.
Listing Contacts
Listed by The Menlo Group Commercial Real Estate LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,560.00
$3,213.33/mo
Valuation Metrics
0
DSCR
3.08%
Cap Rate
3.08%
ROI
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Property History
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