Listed by Capacity Commercial Group
$7,200,000
2995 Ryan Drive SE
Details
Property Type Office
Sub Type Traditional Office
Square Footage 22,751
Cap Rate 7.00%
NOI $503,741
Tenancy Single
Lease Expiration 01/31/2028
Class A
Year Built 2010
Stories 2
Acreage 1.210
Investment Type Net Lease
Office | 7.00% CAP | 22,751 SqFt
Marketing description
This beautiful two-story Class A office building was built in 2010 and the current tenant has been in place ever since. Current net lease goes through January, 2028 with options to renew. The building is very visible to Highway 22, has great curb appeal, and very good parking.
Investment highlights
- 7% capitalization rate on current income
- Price well below replacement cost
- Adjacent 2965 Ryan Drive (14,000+ SF/vacant) is also for sale
Listing Contacts
Listed by Capacity Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$503,741.05
$41,978.42/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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