Reed Hartman
Listed by Reed Hartman
$599,900
Willoughby Business Park
Details
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 2,400
Cap Rate 3.7%
NOI $22,200
Occupancy 50%
Lease Term 5
Lease Expiration 11/30/2029
Remaining Term 3.5
Price per SqFt $250
Lease Commencement 12/01/2024
Office | 3.70% CAP | 2,400 SqFt
Marketing description
Great opportunity to have your office upstairs while the downstairs unit helps pay your expenses. Unit is 50% occupied while the upstairs unit has a private office with room for 3 more and a conference room. Top floor unit also has a kitchenette and a private bathroom.
Listing Contacts
Reed Hartman
Listed by Reed Hartman
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,200.00
$1,850.00/mo
Valuation Metrics
0
DSCR
3.7%
Cap Rate
3.7%
ROI
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