Office/Flex Building For Sale - High VPD
Office/Flex Building For Sale - High VPD
Marketing description
This ±10,000 SF office/flex building presents a strong investment and value-add opportunity along the highly trafficked W. Roosevelt Blvd corridor. With outstanding signage and visibility on HWY 74, the property benefits from approximately 54,000 vehicles per day, offering excellent exposure for tenants and long-term positioning for investors.
The building is currently 94% leased, featuring 11 total suites with 10 occupied, providing immediate and stable cash flow. The current NOI is $87,780, with a Pro Forma NOI of $101,700, offering upside potential through lease-up and operational optimization.
Additional highlights include a roof replacement completed in 2021, reducing near-term capital expenditure concerns. This well-positioned asset combines strong in-place income, value-add potential, and prime visibility in a high-demand commercial corridor.
Investment highlights
Great investment and value-add opportunity.
The property has fantastic signage and visibility on W. Roosevelt Blvd with ±54,000 VPD on HWY 74.
The roof was replaced in 2021.
The building is currently 94% leased, featuring 11 total suites with 10 leased.
The current NOI is $87,780 and the Pro Forma NOI is $101,700.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
