Listed by ERA Wilder Realty
$2,250,000
Offices at Berryhill
Details
APN 003697-02-053
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 12,043
Cap Rate 7.47%
NOI $168,124
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 3
Lease Expiration 04/30/2025
Lease Options automatically renewed one year options
Price per SqFt $187
Class C
Year Built 1980
Buildings 1
Stories 1
Acreage 1.660
Zoning C-2
Parking Spaces 91 spaces
Parking Per SqFt 7.56
Lease Commencement 05/01/2022
An exceptional investment opportunity!
Marketing description
An exceptional investment opportunity! This fully leased office/warehouse offers a total of 12,043+/- SF to include built out office space with conference rooms and a spacious common area. The warehouse has a convenient 10X9' rollup door. Centrally located between I-26 and I-20, its the perfect blend of convenience and functionality, making it an ideal asset for any investor looking for a strategic location.
Investment highlights
Fully leased office/warehouse in prime location
Strategically located between I-26 and I-20
Offers convenience and easy access to major highways
Perfect investment opportunity in a high-demand area
Listing Contacts
Listed by ERA Wilder Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,124.00
$14,010.33/mo
Valuation Metrics
0
DSCR
7.47%
Cap Rate
7.47%
ROI
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