Investment Opportunity-Professional Building Fully Occupied
High Quality Office Building with Mutli Tenants | 9,000 SF
Marketing description
REDUCED PRICE- OWNERS SEEKING TO RETIRE
7160+ Total SF on 1.70 Acres. • Clear Span Building with three suites. • Ideal for a buyer who wants an investment property.
➢ Tenant A has been in building for 20 years and rents approximately 1160 sq ft (Survey Company)
➢ Center Suite B is approximately 3000 sq ft and recently has a new tenant for a 3 year lease term with options for renewals. (non-profit professional offices)
➢ Tenant C is a large non-profit that has a two year lease term with a long term renewal for additional two years and rents approximately 3000 sq ft (non-profit Daycare/Childcare Services)
Full AC and sprinkler system in excellent condition. • Septic system with public water. • Storage shed on property. • Building is on corner lot in area with immediate access to State Route 36, just outside of the City limits.
Owner built property in 2000 and has fully maintained property. This building is in excellent condition. Property has public water supply, private sewer and full Electric utilities. Suite A and B have a new metal roof as of September 6th 2024. Suite C has a new in 2021 rubber roof. Parking lot was recently sealed in July 2023.
There is a small warehouse area in the middle of Suite B and C used for maintenance area- hold tools, mower, supplies, etc. This space is not rented out- it is the owners space to keep for maintenance of building.
AADT: 7040 from 2020 data.
Investment highlights
All three suites are occupied with zero vacancies.
Ideal for investment. Three long term tenants. Safe area and low maintenance property.
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