Listed by Johnson Commercial - Lakewood
$1,499,000
Sumner Professional Office Building
Details
APN 042024-7-011
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 6,725
Net Rentable (SqFt) 6,925
Units 4
Cap Rate 7.00%
NOI $110,000
Occupancy 75%
Tenancy Multi
Lease Type NNN
Pro-Forma NOI $110,000
Class C
Year Built 1980
Buildings 1
Stories 3
Lot Size (SqFt) 10,925
Zoning TCC
Investment Type Owner/User
Ownership Investment or NNN
Office | 7.00% CAP | 6,725 SqFt
Marketing description
Well-maintained office building on 3 floors. 1,847 SF footprint with a total of 6,925 RSF. Tenanted by 3 professional businesses including the current owner. Ideal opportunity for an owner user. Front and rear entrances for easy access, and ample storage on lower level. Part of a 4-building campus, with the other three buildings occupied by dental practices. 24 common area parking spaces in front. Mature landscaping. Panel signs facing Cannery Rd for ample visibility.
Listing Contacts
Listed by Johnson Commercial - Lakewood
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,000.00
$9,166.67/mo
Valuation Metrics
0
DSCR
7.34%
Cap Rate
7.34%
ROI
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