Property Type:
Commercial for Sale
Lot Size (sq. ft.):
43,560
Status:
Sold
Current Price:
$1,700,000
List Date:
3/24/2026
Last Modified:
5/29/2026
Description
Income-Producing Office Asset | Strong Cash Flow | Dual-Tenant Opportunity
This newer 5,500 SF multi-tenant office building presents a compelling investment opportunity with stable in-place income and upside potential.
The property is divided into two suites:
Suite A (3,000 SF): Leased at $6,250/month
Suite B (2,500 SF): Leased at $4,375/month
Total Gross Monthly Income: $10,625
Total Gross Annual Income: $127,500
Additional income potential is provided by four 10x10 storage units, offering an opportunity to further increase NOI.
The interior buildout supports a wide range of tenants and includes:
6 private offices (8x12)
9 private offices (6x8)
Glass conference room
Efficient layout suited for medical, professional services, or executive office use
Currently occupied by a health s
Supplements: Currently occupied by a health services tenant, the configuration allows for continued medical use or easy conversion to general office, maximizing tenant demand and retention.
Investment Highlights:
Immediate cash flow with existing leases in place
Multi-tenant diversification reduces vacancy risk
Flexible office layout supports a broad tenant base
Additional income stream from storage units
Newer construction minimizes near-term capital expenditures
Pro Forma Opportunity:
With modest rent increases and full utilization of storage units, investors have the ability to increase NOI and drive cap rate expansion over time.
Ideal for investors seeking a stabilized asset with upside in a growing professional services market.
Last Updated: May - 29 - 2026
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