Professional Office Building
For Sale: $2,950,000 (Sale/Leaseback Opportunity)
Land Size: 94,795 sq. ft.
Zoned C-2 Neighborhood Commercial.
Built in 1986; Remodeled 2004.
Office building located along main east-side thoroughfare. Great visibility along East 26th Street with a daily traffic count of 23,900 vehicles. Building has three floors of useable space with an elevator. Main level has reception/lobby area, multiple exams room/private offices and restrooms. Lower level is a walk-out with separate entrance. Reception area, large work area, private offices and restrooms. Upper level consists of private offices, work area, breakroom, conference rooms and restrooms. 99 on-site parking spaces with cross parking easements. All showings must be coordinated with broker.
Seller will sign a triple net lease for up to 30 months that will represent a cap rate of 6% at the agreed upon price.