Description
Owner financing available on this exceptional opportunity to acquire a fully leased multi-tenant professional-grade office building in excellent condition, with the added benefit of owner financing. This meticulously maintained property offers a blend of newer and long-term tenants, making it an ideal investment for those seeking a low-maintenance asset with reliable income. Constructed in 2006, this 16-year-old building has been thoughtfully designed and carefully preserved. The new owner can rest assured knowing that costly upgrades are unnecessary, as the property is equipped with essential features such as an elevator, fire sprinklers, and ample onsite parking. With staggered lease expiration dates, this high-quality building ensures a steady and consistent cash flow, providing a secure long-term investment opportunity. At an approximate cap rate of 5.44%, this property offers attractive returns and peace of mind. Situated in a prime location near Coddingtown, public transportation, Highway 101, and a variety of local businesses, this property benefits from excellent accessibility and proximity to amenities. This sought-after location enhances the appeal and potential of this exceptional investment opportunity.
-
0BEDS
-
0.74ACRES
-
0BATHS
-
01/2 BATHS
-
15,020SQFT
-
$0$/SQFT
School Ratings & Info
Description
Owner financing available on this exceptional opportunity to acquire a fully leased multi-tenant professional-grade office building in excellent condition, with the added benefit of owner financing. This meticulously maintained property offers a blend of newer and long-term tenants, making it an ideal investment for those seeking a low-maintenance asset with reliable income. Constructed in 2006, this 16-year-old building has been thoughtfully designed and carefully preserved. The new owner can rest assured knowing that costly upgrades are unnecessary, as the property is equipped with essential features such as an elevator, fire sprinklers, and ample onsite parking. With staggered lease expiration dates, this high-quality building ensures a steady and consistent cash flow, providing a secure long-term investment opportunity. At an approximate cap rate of 5.44%, this property offers attractive returns and peace of mind. Situated in a prime location near Coddingtown, public transportation, Highway 101, and a variety of local businesses, this property benefits from excellent accessibility and proximity to amenities. This sought-after location enhances the appeal and potential of this exceptional investment opportunity.
Related Properties
Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-14T08:56:34.807.