$875,000
East Side Professional Building
Details
Property Type Mixed Use, Office
Sub Type Traditional Office
Square Footage 11,788
Units 14
Cap Rate 6.97%
NOI $61,000
Occupancy 90%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 7.2%
Pro-Forma NOI $63,000
Price per SqFt $74
Broker Co-Op Yes
Class B
Year Built 1982
Buildings 1
Stories 2
Acreage 0.570
Zoning RSF-4
Parking Spaces 40 spaces
Parking Per SqFt 3.39
Investment Type Stabilized
Sale Condition For sale by owner
7% Cap Rate with upside on a multi tenant building
Marketing description
This listing offers an excellent opportunity to acquire a multi-tenant commercial business suite building in a high-visibility
location along F Road. The property features various suite configurations suitable for office, medical, service, or light
commercial users, with strong appeal to both investors and owner-users. Ample on-site parking, easy access, and signage
opportunities enhance tenant visibility, while proximity to major retail and residential areas supports long-term demand. The
building consists of 14 individual units and is offered at a 7% cap rate, with upside potential through lease optimization and
long-term appreciation.
Investment highlights
Multi Tenant
7% Cap Rate
Under $75/ SF
90% Occupied
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$61,000.00
$5,083.33/mo
Valuation Metrics
0
DSCR
6.97%
Cap Rate
6.97%
ROI
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