Available For Sale - Office

8,940 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
8,940 SF
Price/SF
Show Pricing $
Listing ID
SA407361
Notes
INVESTMENT OVERVIEW

Property Highlights

• First Time On Market in Over 50 Years - Family Owned Since 1963

• Top Performing Location for Coldwell Banker Residential

Brokerage (81% of GLA) with 56+ Year Operating History at Site -

Other Tenants Have 10-20 Years

• Signalized Intersection with Prominent Monument and Building

Signage for Exceptional Visibility

• 100% Occupied with Synergistic National and Long-Term

Seasoned Tenants



PRICE $1,999,888

TOTAL GLA 8,940 SQUARE FEET

LAND AREA ±.71 ACRES (31,047 SQUARE FEET)

PRICE/SF (BUILDING) $223.70

PRICE/SF (LOT) $66.83

CURRENT NOI $145,149

CURRENT CAP RATE 7.42%

CASH ON CASH RETURN 9.92%

YEAR BUILT 1962

APN 225-284-024-3, 225-284-025
Uses
Office

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
Matt Hardke, Vantis Capital Advisors