Michael Costanza & Associates
Listed by Michael Costanza & Associates
$525,000
3451 Boston Avenue
Details
APN 05693756
Property Type Office
Sub Type Traditional Office
Square Footage 9,976
Net Rentable (SqFt) 9,976
Units 1
Cap Rate 15.41%
NOI $80,917
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 7.1
Lease Expiration 05/31/2020
Lease Options Month to Month
Price per SqFt $53
Broker Co-Op Yes
Class C
Year Built 1986
Year Renovated 6
Buildings 1
Stories 1
Acreage 0.360
Zoning General Office Commercial
Lease Commencement 04/11/2013
Ownership Free and Clear
Sale Condition For sale by owner
Office | 15.41% CAP | 9,976 SqFt
Marketing description
Office building located in established area with a long term tenant from 2013. The tenant has been month to month since May 31, 2020.
This building offers great interior layout with numerous offices, classrooms and work areas.
PLEASE DO NOT DISTURB THE TENANT! ALL SHOWING APPOINTMENTS AND INFORMATION MUST BE THROUGH THE LISTING BROKER.
Please call for more detailed information. Pictures are not allowed on the inside of this property as it is used as a school.
Investment highlights
Excellent Return with Existing Tenant. Potential to renew existing tenant. Highly desirable area with continued growth and redevelopment.
Listing Contacts
Michael Costanza & Associates
Listed by Michael Costanza & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,917.00
$6,743.08/mo
Valuation Metrics
0
DSCR
15.41%
Cap Rate
15.41%
ROI
Map
Zoning
F CommercialRetail CommercialCommercial
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View all 77 uses
View all 77 uses Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics
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