Description
Don't miss this excellent opportunity to own an income-producing property with a strong, long-term national tenant. Located in a well-maintained office complex surrounded by medical and professional tenants, this property is ideal for investors seeking stable returns with a 11.2 % Cap Rate .Established Tenant: Occupied by a national tenant for the past 10 years. The lease was just renewed for an additional 5 years, with a 5-year renewal option. Condo fee: $498 per month ($5,976 annually). Real Estate Taxes: $3,537 per year. All utilities are paid by the tenant. Well Maintained: New carpet and paint are scheduled to be completed, ensuring the space remains in top condition. Professional Environment: Located in a thriving business park with professional and medical offices nearby. By Appointment Only: Property viewings require pre-qualification and must be scheduled with the listing agents present. No walk-ins permitted. A strong, secure investment in a growing commercial hub. Contact us today to schedule your private showing. Must sign an NDA prior to showing.
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Description
Don't miss this excellent opportunity to own an income-producing property with a strong, long-term national tenant. Located in a well-maintained office complex surrounded by medical and professional tenants, this property is ideal for investors seeking stable returns with a 11.2 % Cap Rate .Established Tenant: Occupied by a national tenant for the past 10 years. The lease was just renewed for an additional 5 years, with a 5-year renewal option. Condo fee: $498 per month ($5,976 annually). Real Estate Taxes: $3,537 per year. All utilities are paid by the tenant. Well Maintained: New carpet and paint are scheduled to be completed, ensuring the space remains in top condition. Professional Environment: Located in a thriving business park with professional and medical offices nearby. By Appointment Only: Property viewings require pre-qualification and must be scheduled with the listing agents present. No walk-ins permitted. A strong, secure investment in a growing commercial hub. Contact us today to schedule your private showing. Must sign an NDA prior to showing.
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