The Real Estate Agency - John Van Tassel
Listed by The Real Estate Agency - John Van Tassel
$4,000,000
2nd Street Professional Building
Details
Property Type Office
Sub Type Traditional Office
Square Footage 13,600
Cap Rate 4%
NOI $160,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Class B
4.00% Cap Rate....14 Unit Office Building
Marketing description
Excellent Investment for an Investor looking to buy a secure income producing property. Many long term tenants in this 14 unit office building. Property is meticulously maintained and has had several recent improvements like the lobby tile flooring was upgraded, lobby and all common areas have been freshly painted. In the past few years the building exterior has been painted and most of the HVAC units have been replaced. This property is one of the cleanest office buildings in El Cajon and a great investment for any buyer.
Listing Contacts
The Real Estate Agency - John Van Tassel
Listed by The Real Estate Agency - John Van Tassel
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo
Valuation Metrics
0
DSCR
4%
Cap Rate
4%
ROI
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