The building is 24,134 sq ft of retail and office space that has recently experienced extensive improvements to the interior and exterior of the property. The lot size is 1,59 acres with plenty of parking in front and back.
Property is occupied by a mix of tenants with 28 office spaces ranging from 200 sq ft to 1800 sq ft and would be a great addition to any investors portfolio.
Cap rate is 7.15% on actual numbers with 95% occupancy. There is potential to increase income with 100% occupancy and increase rent because current rents are below market rates for the area.
40 year inspection completed.