Investment Opportunity.
Listing price: $2,205,000. Cap Rate: 7.25%. NOI: $159,874
The historic building is located on beautifully landscaped grounds, boasting 24 off-street parking spaces.
Recent major renovations and upgrades to the building include updated common areas, new kitchen, restrooms,
and HVAC units.
7 year primary lease includes annual rate increases of 2%, with (2) 5 year options.
Property Features
- Office
- Floor Area is 7928 sqft
- Satelite
- Street
- Transit