Peoples's Realty Inc
Listed by Peoples's Realty Inc
$2,350,000
Executive Office Building
Details
Property Type Office
Sub Type Executive Office
Square Footage 25,920
Net Rentable (SqFt) 23,500
Units 25
Occupancy 79%
Tenancy Multi
Lease Type Gross
Broker Co-Op Yes
Class B
Year Built 1975
Year Renovated 2010
Buildings 1
Stories 2
Acreage 1.600
Zoning c
Occupancy Date 01/01/2026
Ownership LLC
Sale Condition 1031 exchange
Highly Visible Office Building on General Degaulle next to Chase Bank
Marketing description
A office building right on a busy with high visibility street (Gen DeGaulle), between Bank Plus and Chase bank. Sitting on 1.6 acres of land, this Commercial Building is on the main street with excellent street visibility in a high traffic area. New stucco, roof, and epoxy floors in 2012. Property has >30 units of commercial space with ~80% occupancy rate currently. Average monthly rent is $32K. The interior lights are now LED. Plenty of parking in the rear of property. A dynamic space with endless potential for multiple types of businesses. Great investment opportunity!
Listing Contacts
Peoples's Realty Inc
Listed by Peoples's Realty Inc
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
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
