Property Type:
Commercial Sale
Square Footage:
60,050
Status:
Closed
Current Price:
$12,700,000
List Date:
6/19/2025
Last Modified:
4/08/2026
Description
The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.
Listing Office: RE/MAX 5 Star Realty
Last Updated: April - 08 - 2026
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