Listed by eXp Commercial LLC
$275,000
NNN Leased Office Condo
Details
APN 299000080000
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 1,560
Net Rentable (SqFt) 1,560
Units 1
Cap Rate 6.11%
NOI $16,800
Occupancy 100%
Tenancy Vacant
Lease Type NNN
Price per SqFt $176
Broker Co-Op Yes
Class B
Year Built 2000
Year Renovated 2024
Buildings 1
Stories 2
Zoning OR3
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Recently Renovated | For Sale or For Lease | 1,560 SF
Marketing description
1,560SF renovated office condo with new floors, new paint, and new toilets.
6 large offices, 1 conference room, 1 storage room, and 2 bathrooms.
Located off Blankenbaker Parkway between Shelbyville Road and I-64.
For sale with a NNN Tenant!!!
Investment highlights
Lease Rate: $1,400/Mo. ($16,800/Yr).
3 Year Term that commenced 7/1/2024.
3% escalations each year.
Listing Contacts
Listed by eXp Commercial LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$16,800.00
$1,400.00/mo
Valuation Metrics
0
DSCR
6.11%
Cap Rate
6.11%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Name
License
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
