This 17,750 square-foot multi-tenant commercial asset combines immediate, reliable rental income with clear near-term upside. Supported by an established leasing history, the property’s versatile layout featuring high demand climate-controlled warehouse space paired with office suites caters to a wide range of commercial tenants, minimizing long-term vacancy risk.
Immediate Lease-Up Upside
The current owner occupies 5,500 square feet and will be vacating the space, making it available for lease effective September 1st.
Investor Value Add: Leasing this prime 5,500 SF suite at prevailing market rates stabilizes the asset at a 6.22% Cap Rate, giving an investor an immediate path to enhanced yields and forced appreciation.
Owner-User Opportunity: Alternatively, an owner-operator can occupy the 5,500 SF suite for their own business while allowing the existing seven-tenant revenue stream to offset debt service and property operating costs.