Description
This +/- 5,150 SF office property presents a prime opportunity for investors seeking stable income in a strategic location. Recently leased under a new 5-year modified gross lease, the property generates $72,000 in annual gross rental income, with a net income of $62,621.15 after expenses. This versatile property is zoned GC and designed to accommodate a range of professional uses, featuring a reception area, private offices, a conference room, and coworking spaces. Situated on 0.53 acres with ample parking and excellent access to major roadways, it offers both convenience and functionality. With a sales price of $595,000 and a 10.5% cap rate, this offering presents an excellent opportunity for investors seeking reliable income and long-term value.
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0BEDS
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0.53ACRES
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0BATHS
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01/2 BATHS
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5,150SQFT
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$116$/SQFT
School Ratings & Info
Description
This +/- 5,150 SF office property presents a prime opportunity for investors seeking stable income in a strategic location. Recently leased under a new 5-year modified gross lease, the property generates $72,000 in annual gross rental income, with a net income of $62,621.15 after expenses. This versatile property is zoned GC and designed to accommodate a range of professional uses, featuring a reception area, private offices, a conference room, and coworking spaces. Situated on 0.53 acres with ample parking and excellent access to major roadways, it offers both convenience and functionality. With a sales price of $595,000 and a 10.5% cap rate, this offering presents an excellent opportunity for investors seeking reliable income and long-term value.
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Data last updated: 2026-08-15T08:32:27.737.