Description:
**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*
Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered).
This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant.
Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot.
Optional stock sale for qualified prospects.