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767 - 777 Walker Road - Oak Ridge Professional Park, Dover, DE
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767 - 777 Walker Road - Oak Ridge Professional Park
Oakridge Professional Park
Dover, DE 19904 - Kent County Submarket
For Sale Price:
Condo (see detail)
This property has 1 condo for sale. The size of the for sale condo is 1,200 SF.
Free Surface spaces are available; Ratio of 3.78/1,000 SF
Condos For Sale:
Property has settled, but should still be kept on the market “For Lease” at the same rates.
Capital Commercial Realty had both sides of the transaction.
Seller: Edward Bolds
Buyer: Tinman Enterprises lll, LLC
Transaction Date: 8/24/10
Property Use: Office
Cap Rate: 10%
Income Details: $12/sf projected rent on a NET basis; After projected renovation expense a 10 % CAP is anticipated.
Motivation: Sold to reduce debt.
Þ Recently renovated office condo
Þ 1,332 sq ft
Þ 4 offices: 3 first floor, 1 second floor
Þ Powder room
Þ Unfinished basement
Þ New heat, A/C and electric
CLICK HERE TO CONTACT THE BROKER
CONDO SALE CONTACTS
Capital Commercial Realty
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