Historic Centier Office Building
Downtown historic office building investment available for sale.
Marketing description
Historic downtown office building investment which is the regional headquarters for Centier Bank with a12-yr lease. 92,500 SF, zoned DC (Downtown Core), with stable tenancy; some with 30-40 years in the building. $2 million cash required with assumable loan (4.26% fixed, non-recourse, maturity July 2029) Renovated to modern standards while maintaining historic esteem this is a value-add opportunity. High visibility, and abundant foot traffic in close proximity to all major downtown attractions.
Investment highlights
21% Cash on Cash Return!
Regional headquarters for Centier Bank
92,500 SF, zoned DC (Downtown Core), with flexibility to accommodate any office user
Assumable loan (4.26% fixed, non-recourse, maturity July 2029) Potential for value-add opportunities
Renovated to modern standards while maintaining historic esteem
High visibility, and abundant foot traffic in close proximity to all major downtown attractions
Sale Price is $6,420,000 with only $950,000 cash required!
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