Overview

Listing ID:#20152802

Building SF:12,000

Parcel Size:0.77 Acres

Price:$1,039,000

Building PSF:$86.58

Property Type:Office

Date Available:10/01/2021

Stabilized Multi-Tenant Office Building for Sale

2 story, multi-tenant office building in established commercial area, currently 90% occupancy. Recent improvements to the property includes, new parking lot, landscaping, new siding and new windows.

Financial Information

Gross Income:$144,084

Total Expenses:$58,787

Net Op. Income:$85,297

Cap Rate:8%

Current Tenants:7

Percent Leased:90%

Real Estate Taxes:$13,432

Tax Year:2019

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:1980

Current Use:Office

Number of Floors:2

Number of Units:8

Zoning:SE

Outside Parking:Yes

Contact Listing Agent

Rob Helm

608-827-6867

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