The Brown Plaza at 1701 County Road is now available for purchase. The 24,400 sq. ft building has been well maintained by the family owners since 2000. The 17 tenants reflect full occupancy as of September 2025. There are medical, dental, vision and physical therapy tenants in addition to insurance, legal and individual business owners. The majority of leases are seasoned with planned continued occupancy. Rent rolls and expenses are available for review. This is a perfect property for your exchange.
Note the actual income as of September 2025 is $337,056 annually. The property experienced what impacted all office space during Covid. The majority of leases were converted to gross. Now that the property is fully leased, there is excellent upside potential to offset expenses by moving from gross to net renewals.