VALUE-ADD OFFICE COMPLEX. First time on market. Prime corner location on Forest Hill Blvd. 4 parcels totaling 4.21 acres with 3 buildings and 52,463 rentable SF. Significant upside potential through professional management. Increase NOI immediately by leasing 76,227+ SF of available space and enforcing CAM recovery clauses. Major long-term growth opportunity by marking significant below-market rents to current rates as leases roll over. Recent major capital improvements de-risk the investment. Ideal for a 1031 exchange or long-term investor seeking substantial equity creation.
lease term
Long Term4.21 Private Acres Exterior Space
Commercial
$209,638 Annual Tax
Built in 1981
MLS/Listing ID RX-11101773
2 Stories
Heating - Electric
Cooling - Electric
Construction - Block
Composition
Listing Courtesy of EXP REALTY LLC, KLAUS SINN - 561-654-6112
Source of Data: BEACHESMLS