Listed by Turpin Real Estate Inc
$3,600,000
1 LAUREL WAY
Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 20,000
Cap Rate 4.97%
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 5
Remaining Term 5
Pro-Forma Cap Rate 10.70%
Broker Co-Op Yes
Year Built 1987
Buildings 1
Stories 2
Acreage 5.760
Parking Spaces 125 spaces
Parking Per SqFt 6.25
Tenant Credit Corporate Guarantee
Office | 4.97% CAP | 20,000 SqFt
Marketing description
Great investment opportunity for a turnkey class B office building just minutes away from a Route 80 interchange with a secured single tenant with five year lease. Huge upside in Cap when converted to NNN. Exceptionally maintained and updated as required. Expansive property of over 5 acres and 125 dedicated parking spaces with possible expansion.
Listing Contacts
Listed by Turpin Real Estate 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
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
