Crest Court
Mixed Use | 10.65% CAP | 23,203 SqFt
Marketing description
Offered at a 10.6% cap on existing income, this mixed use office/retail multi-tenant building boasts a 91% occupancy rate. Its smaller units lead to easier to lease spaces and minimal re-tenanting expenses. Building features recent facade updates, new landscaping and completely new parking lots. A new monument sign was added in November 2023. Current ownership has taken great pride in making significant improvements and has maintained a high level of occupancy.
Investment highlights
10.6% Cap on existing income
91% occupancy
Many recent updates including exterior painting and all new landscaping
Both north and south parking lots completely replaced to gravel base in October 2022. There are 78 Total spaces. Rear parking lot has 36 spaces that are shared with adjacent building through mutual easement. Street parking available on Carriageway Dr.
New Monument Signage
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