$1,590,000
5022 South 114th Street
Details
Property Type Office
Sub Type Traditional Office
Square Footage 12,000
Units 88
Cap Rate 7.43%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 09/29/2031
Price per SqFt $133
Class B
Year Built 1984
Buildings 1
Stories 2
Acreage 1.020
Zoning GI
Parking Spaces 88
Investment Type Net Lease
Office | 7.43% CAP | 12,000 SqFt
Marketing description
100% Leased two story office building with a single long term user.
Office building located in Empire Park. Quick access to I-80 and I-680.
Investment highlights
- Single Tenant occupied
- 5 year NNN Lease - Expires 9/30/2031
- 7.43% CAP Rate
- Operating Expenses: $4.13 PSF
- Convenient quick access to I-80/I-680
- Front door parking for easy accessibility
- Upper level has an open floor plan
- Lower level is general office space
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