Listed by Landmark Commercial Real Estate Services
$1,750,000
The Baldwin Group
Details
APN 03-14-05-251-009
Property Type Retail, Office
Sub Type Executive Office, Freestanding
Square Footage 8,449
Cap Rate 8.93%
NOI $156,201
Tenancy Single
Brand/Tenant The Baldwin Group
Lease Type Gross
Lease Expiration 07/30/2027
Price per SqFt $207
Stories 1
Acreage 0.920
Zoning IR (Industrial/Research)
Investment Type Owner/User
Lease Commencement 07/31/2022
Retail | 8.93% CAP | 8,449 SqFt
Marketing description
For Sale
Investment highlights
- Sales Price: $1,750,000.00 ($207.12/SF)
- NOI: $156,200.53
- CAP Rate: 8.93%
- Freestanding, fully-leased single-tenant office building offering investors stable cash flow and long-term ownership value.
- Price per square-foot is significantly below replacement cost at $207.12/SF.
- Prominent location along Masonic Boulevard, delivering strong visibility, and ease of access.
- Well-suited for investors seeking a stable office asset with upside potential through lease renewals or repositioning.
- Ample on-site parking provides convenience for employees and visitors, exceeding typical office parking requirements.
- Single-tenant configuration provides simplified management and operational efficiency.
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,200.53
$13,016.71/mo
Valuation Metrics
0
DSCR
8.93%
Cap Rate
8.93%
ROI
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