AVAILABILITY DETAILS
- Size
- 23,271 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA547970
- Notes
- Discover a standout investment with Bethany Business Park, a premier multi-tenant office property newly completed in 2023. This exceptional office park is now available for acquisition, offering a unique blend of modern design, high occupancy, and attractive financial metrics. This property is ideal for the investor looking for a multi-tenant office park.
Investment Highlights
Why Invest? This office park represents a rare opportunity to acquire a high-quality, low-risk asset with new construction, robust occupancy, and NNN leases. The combination of minimal landlord responsibilities and strong financial performance makes it a standout investment.
Seize this exceptional opportunity and elevate your portfolio with a premier asset poised to deliver outstanding returns. Contact us today to make this premier property yours!
1. Modern New Construction: Completed just last year, Bethany Business Park features functional floor plans with the latest infrastructure, ensuring minimal maintenance and maximum tenant appeal.
2. High Occupancy & Immediate Income: With over 95% of its space already leased and proposals in place for the remaining unit, this property promises robust and immediate rental income. All leases are triple net (NNN), meaning tenants cover operational costs, offering a hassle-free investment experience.
3 . Prime Location & Ample Parking: Located on a 2.22-acre lot, this office park comprises 8 free-standing buildings, providing generous parking and exceptional visibility. This strategic location ensures easy access and high convenience for tenants and their clients.
4. Flexible & Functional Space: The property spans 23,271 square feet, with units ranging from 1,201 to 4,452 square feet. This variety of spaces caters to a wide range of professional office needs,.
5. Attractive Financial Metrics: Priced at $3,995,000, this investment offers a compelling cap rate of 7.81% and a net operating income (NOI) of $311,816. With a competitive price per square foot of $171.67, Bethany Business Park stands out in today’s market.
- Uses
- Office
Other Availability in this Property
Space/Suite |
Square Feet |
Type |
Uses |
Asking Rent/Price |
|
23,271 SF |
Lease |
Office |
$TBD
|
|
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- Space/Suite
-
- Square Feet
- 23,271 for lease
- Uses
- Office
- Asking Rent/Price
-
$TBD
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Greg Banta, Banta Property Group, LLC