Listed by Acres Realty
$1,750,000
Window Design Center Building
Details
APN 0708-253-0140-6
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 14,500
Net Rentable (SqFt) 14,500
Units 3
Cap Rate 5.74%
NOI $100,483
Occupancy 97%
Pro-Forma Cap Rate 7.57%
Pro-Forma NOI $132,530
Price per SqFt $121
Broker Co-Op Yes
Class B
Year Built 1983
Stories 1
Acreage 0.650
Zoning Heavy Commercial
Investment Type Value Add
Occupancy Date 01/01/2028
Loading Docks 1
Beltline Visibility with Signage! | 14,500 SqFt
Marketing description
Beltline frontage with signage! This 14,500 SF multi-unit property is available for the first time in 28 years. Currently occupied with 2 tenants - both with a showroom and warehouse - a new owner will benefit from immediate cash flow. Major tenant vacating at the end of 2027 provides the opportunity for an owner to occupy at that time or re-tenant at market rate. Additional warehouse space is also available across Seybold to the south. Property is a condo unit along with one other neighboring condo on the parcel. Take advantage of this irreplaceable location!
Listing Contacts
Listed by Acres Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,483.00
$8,373.58/mo
Valuation Metrics
0
DSCR
5.74%
Cap Rate
5.74%
ROI
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