1031 Exchange - Ideal Office Investment Property
Excellent opportunity to acquire 5 office condos representing approximately 41% ownership of the building. This institutional-quality office investment offers a strong 6.5% cap rate with significant built-in upside and immediate cash flow.
The property features NNN leases with high-credit national and regional tenants in home health services, mental health counseling, and insurance -- providing predictable, low-management income with minimal landlord responsibilities.
A solid value-add opportunity with excellent potential for rent growth and appreciation. Ideal for 1031 exchange investors seeking stability and long-term upside.
871.2 Sq Ft Lot Size
commercial
US$1,284 Monthly Tax
Built in 1986
MLS/Listing ID 22608063
4 Stories
Public Water
Cooling - Central Air
Heating - Hot Water
Heating - Forced Air
Parking - Paved
Parking - Parking Lot
Parking - On Site
Public Sewer
TOTAL MONTHLY COST
US$0
US$0
US$0