Listed by The Wilkins Way LLC
$1,500,000
104 E Fowler Ave
Details
Property Type Office
Sub Type Executive Office
Square Footage 6,325
Net Rentable (SqFt) 5,571
Units 12
Occupancy 95.26%
Tenancy Multi
Lease Type Gross
Price per SqFt $237
Broker Co-Op Yes
Class C
Year Built 1978
Buildings 1
Stories 2
Acreage 0.340
Zoning CG, county
Investment Type Value Add
Office | 7160 SqFt
Marketing description
Back on the Market! Rarely available 12-unit income-producing commercial office building on high-traffic E. Fowler Ave with 11 established leases in place delivering immediate cash flow. Several long-term tenants are currently month-to-month at below-market rents, creating tremendous upside potential through simple rent increases. Minor cosmetic upgrades to common areas could further elevate the property's appeal and command top-of-market rents. Excellent highway access, strong visibility, and a thriving surrounding business community make this a compelling value-add opportunity for any investor looking to grow their portfolio.
Investment highlights
- 12-unit commercial office building
- Located on high-traffic E. Fowler Ave
- 11 leases currently in place
- Immediate cash flow — turnkey investment
- Long-term tenants month-to-month at below-market rents
- Significant rent increase upside
- Value-add potential with minor cosmetic upgrades
- Excellent highway access and visibility
Listing Contacts
Listed by The Wilkins Way LLC
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Zoning
CG CommercialGeneral CommercialCommercial General
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