Landmark office building. 18,228 square feet. (15,600 leasable). 100% occupied(3 tenants). Gross Income $195,192. Operating Expenses of $58,343. Current Net Operating Income of $136,849.4 bathrooms. Common use bathrooms on each floor and bathrooms in suites 100 and 200. 79 parking spaces. Owner spent approx. $30,000 upgrading the elevator in 2016/2017. A reroof was completed in 2011 for $44,000. Please see income & Expense Summary/Lease summary, roof contract, floor plans, and leases under documents tabThe CPA firm will extend current lease for 3 years-First Year- $15.70 psf($84,780 yr), 2nd Year -$16.17 psf($87,318), 3rd Year - $16.66 psf ($89,964)'
Property Type | Office Bldg |
---|---|
Property Use | Rental or Investment |
Year Built | 1989 |
Tax Year | 2021 |
Listing ID | 84ERRV |
MLS ID | RX-10804312 |
Style | Office Bldg -General |
Taxes | $19,824 |
Directions: Virginia Ave to S 13th st then to Wyoming Ave to 15th st to Pine Hollow Dr.
Flooring: | Tile |
Water: | City Water |
Cooling: | Central A/C |
Sewer: | City |