Listed by Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
$1,300,000
775 - 778 Fairmount Ave
Details
Property Type Office
Sub Type Traditional Office
Square Footage 7,000
Net Rentable (SqFt) 7,000
Units 5
Cap Rate 8.70%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Class B
Year Built 2001
Buildings 1
Stories 1
Acreage 0.670
Zoning Professional Office
Investment Type Net Lease
Fully Leased 7,000 Sq. Ft. Multi- Tenanted Office Building
Marketing description
Fully Leased 7,000 sq. ft Multi-Tenanted Professional Office Building for Sale.
Good Mix of Professional Tenants with Triple Net Leases
5 Unit Property With a Strong History of Occupancy
Located in a Highly Visible and Desireable Location with a Progressive and Active Trade Area of the Jamestown Market
Low Maintenance Brick Exterior
Ample Parking - 35 Spaces
Brand New Roof Installed in October of 2024
Ideal Property for Investors Looking for a Stable Income Producing Asset
Investment highlights
Fully Leased Professional Office Building with Current Cap Rate of 8.7 %
All Leases are Triple Net
Credit Worthy Tenants include an engineering firm, investment advisory firm, mental health clinic, licensed massage therapist and a dentist
Listing Contacts
Listed by Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
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