Listed by Jack White Commercial
$3,200,000
Frazier’s Way
Details
Property Type Retail, Office
Sub Type Traditional Office, Executive Office
Tenancy Multi
Buildings 3
Lot Size (SqFt) 66,211
Investment Type Owner/User
Retail
Marketing description
For Lease
Investment highlights
- Beautiful 3-building development with investment and owner occupy potential!
- Single parcel with easy access from Bogard featuring excellent monument signage
- Office/retail and shop space mix
- Excellent rental history featuring a long-term government lease in Phase 1.
- Other tenants include a law firm, daycare, and H5 construction will lease-back their space.
- Frazier’s Way consists of 3 Phases (see above) of construction located on one parcel.
- Phase 1 is a multitenant design office/retail/storage building (1 OH door) currently occupied mostly by GSA with the small end cap being a law office. The design is flexible for more smaller tenants and offers versatility if GSA were to leave. GSA has also not paid increases in expenses in over 10 years, but per the lease they are required to with Landlord notice. This is in the works now.
- Phase 2 is a multitenant office/retail building. One end is vacant and was previously an engineering firm. The interior space is open space that was previously a larger daycare. The other end is occupied by a daycare business.
- Phase 3 is a gorgeous office with shop space in the rear. 3 OH doors. Currently occupied by the ownership group, H5 would consider a leaseback at reasonable terms, or vacate.
Listing Contacts
Listed by Jack White Commercial
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
Name
License
Brokerage
Brokerage Address
Is there information that looks off?
