Chapman Hall Realtors
Listed by Chapman Hall Realtors
$1,689,000
413 Creekstone Ridge
Details
APN 15N12F 401
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 2,232
Cap Rate 7.00%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 3
Remaining Term 2
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 1999
Year Renovated 2023
Buildings 1
Acreage 0.410
Zoning C
Parking Spaces 18 spaces
Parking per 1,000 SqFt 8.06
Investment Type Owner/User
Ground Lease No
Sale Condition 1031 exchange
Fully leased office building in Woodstock featuring 4 units
Marketing description
Don't miss out on this excellent investment opportunity in a high-demand area that is close to Downtown Woodstock!
This property is a one-story office building with a basement consisting of 8,800 +- Sq Ft of office space, it includes FOUR OFFICE suites, each with its own office rooms, reception area, conference room, kitchen and eating area, two baths and storage space and approx. 2,200 Sq Ft. All unis are recently renovated with new paint, flooring and lighting.
Each office suite is currently 100% leased with 2-4% annual base rent escalation, ensuring a steady revenue stream. Please, call the listing agent to ask questions about the lease rates, annual expenses to the Landlord, etc.
The CAM is $400 per month, paid by tenants and includes: normal water/sewage use, trash, interior sprinkler maintenance, lot and landscape maintenance and replacement insurance on the exterior of the building.
The location is incredibly convenient, providing easy access to HWY 92 and HWY 575, making it ideal for business seeking accessibility. The property has 18 dedicated parking spaces.
Don't miss out on this prime commercial property, offering both stability and growth potential. DO NOT DISTURB THE TENANTS!
Listing Contacts
Chapman Hall Realtors
Listed by Chapman Hall Realtors
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
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
