Overview

Listing ID:#20152852

Building SF:1,120 - 1,920

Parcel Size:0.66 Acres

Price:$575,000

Building PSF:$299.48 - $513.39

Property Type:Office

Date Available:Now

4 Unit Office Building, Great Visibility

Come see this beautiful office building with 4 large office suites that is fully leased! This building is located on the corner of Slifer and New Pinery, with high traffic count on a busy corner. Access to the large parking lot is easy from the side road. Each office suite offers private offices, conference rooms and open spaces. The building offers an elevator, water fountain, two public restrooms & signage. Gross rents for 2022: $5,419/month, 2023: $5,572.62/month and 2023: $5,731.28/month. (Several of the leases have an escalator clause) Call Today!

Financial Information

Gross Income:$65,028

Total Expenses:$16,518

Net Op. Income:$48,510

Cap Rate:7.50%

Current Tenants:4

Percent Leased:100%

Real Estate Taxes:$9,007

Tax Year:2022

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:2004

Current Use:Office

Number of Floors:2

Number of Units:4

Number of Offices:4

Number of Restrooms:4

Zoning:Commercial

Outside Parking:Yes

Municipal Sewer:Yes

Municipal Water:Yes

DSL:Yes

Building Amenities

Break Room:Yes

Elevator:Yes

Contact Listing Agent

Melissa Kirk

608-617-0413
Email

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