Tapo Office Property
Office | 1.22% CAP | 10,809 SqFt
Marketing description
Kidder Mathews is pleased to present a unique investment opportunity to acquire the fee simple interest in a strategically located, 2-story, 10,809 square foot office building.
The building underwent a complete, above market, building renovation in 2018 leaving the new owner with very little deferred maintenance for the foreseeable future. The site offers excess unused land with previously approved plans for a 2-story approximately 9,000 SF office/medical building allowing for future expansion needs.
Two Rooftop Lease Agreements with both AT&T and Verizon provide long-term stabilized income.
OPEN OFFERING MEMORANDUM FOR COMPLETE VIRTUAL TOUR
Investment highlights
STABLE long-term credit tenant's (2)
VALUE-ADD previously approved 2-story approximately 9,000 SF office/medical building
PRIVATE enclosed lot
DESIRABLE location
PROPERTY commercial zone
WITHIN one mile of Metro Link/Amtrak station
LOCATED along major city through fares with excellent access to 118 freeway
PARKING abundant 7.76/1,000 parking spaces
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