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Income-Producing Office Asset | Strong Cash Flow | Dual-Tenant OpportunityThis newer 5,500 SF multi-tenant office building presents a compelling investment opportunity with stable in-place income and upside potential.The property is divided into two suites:Suite A (3,000 SF): Leased at $6,250/monthSuite B (2,500 SF): Leased at $4,375/monthTotal Gross Monthly Income: $10,625Total Gross Annual Income: $127,500Additional income potential is provided by four 10x10 storage units, offering an opportunity to further increase NOI.The interior buildout supports a wide range of tenants and includes:6 private offices (8x12)9 private offices (6x8)Glass conference roomEfficient layout suited for medical, professional services, or executive office useCurrently occupied by a health s Currently occupied by a health services tenant, the configuration allows for continued medical use or easy conversion to general office, maximizing tenant demand and retention. Investment Highlights: Immediate cash flow with existing leases in place Multi-tenant diversification reduces vacancy risk Flexible office layout supports a broad tenant base Additional income stream from storage units Newer construction minimizes near-term capital expenditures Pro Forma Opportunity: With modest rent increases and full utilization of storage units, investors have the ability to increase NOI and drive cap rate expansion over time. Ideal for investors seeking a stabilized asset with upside in a growing professional services market.
| 19 hours ago | Listing updated with changes from the MLS® | |
| yesterday | Listing first seen on site |