***CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*
Amazing opportunity to own a substantially renovated freestanding building over 26,000 sq ft, on an 18,000 sq ft parcel!
Owner-Occupant (occupy 3rd floor open office space)- MASSIVE 35-40% upside in existing rents (market is $35-40 NNN) vs existing low $20s MG leased during pandemic and coming on renewals in 2024)
Investor/Developer (hold and redevelop 62K buildable SF/5 floors T5-O + TOD- in future with cash flows through shovel-ready). 200 units per acre
+/- 3500 SF available after tenant recently relocated. Perfect for an SBA for a medical, legal and/or any practice. 36 parking spaces (19 covered).
Optional seller financing, stock sale for qualified prospects.