Office Space for Sale & Lease
Sale Price: $549,000
Lease Rate: $1,950.00 per month (Gross)
50% occupied – $1500 month tenant is Riverstone Health with 2 years with escalators
and 5 year extensions. They may wish to expand.
50% vacant available for lease – see lease info below.
The historical rents were $1500 month for both suites. $36,000 yr gross rents.
*Approximate conservative net income would be $30,000 yr. 5.4% cap rate at $549,000.
7 private offices, Break Room, & Storage downstairs
Conference Room, Lobby, & His and Her separate bathrooms
Landlord pays water and gas. Tenant pays electric.
50% vacant available for lease – see lease brochure. 7 private offices with
conference room.
Open parking or lease parking for $25 month.