1st Floor: Occupied by Dental Group
2nd Floor Unit A and B: Available For Lease!
This stable, easy-to manage office building is located right off the corner of the Watson-Chippewa divide. Sitting less than 1-mile south of I-44, a major interstate, and only two doors down from the neighborhood favorite, Blueprint Coffee Café. This investment opportunity is being offered to the market anchored with a long-term dental practice at a 7.5% Cap Rate.
Building was fully renovated in 2012 which also included the brand-new construction of a 1,500 S.F. addition to accommodate the anchor tenant’s growing business.
Combining location, stability, low-maintenance, high traffic counts, and strong demographics within a 1, 3 and 5-mile radius, all creates an opportunity to access instant cash-flow starting day one of closing. At under $1M purchase price, puts this opportunity in reach for the first-time commercial property investor as well as an excellent addition to already established portfolio.
Commercial, Office
Property Type
5,500
Sq Ft
10,003
Parcel Size
N.N.N.
Lease Rate Type
1961
Year Built
Unit Number | Square Footage |
---|---|
1 | 3,500 - Leased |
2A | 1,000 |
2B | 1,000 |