Over $798,826 in rental income annually. $340,589 NOI Stabilized NOI: $543,195 (projected with lease-up and electricity reimbursement) This property presents a significant value-add opportunity, with current rents well below the sub-market average. The building is 85% occupied, with an average rent of $12-14Gross, compared to the market rate of $16-$21 PSF plus a share of electricity. Additionally, the 9100 square feet of vacant space, currently used for storage and not listed on any platform, could generate an extra $120,000 in Net Operating Income (NOI). This is an excellent opportunity for both owner-occupiers and investors to maximize the property's potential. Additional Notes: Property tax $79,731 Property Insurance $27,202. - Utilities (Electricity ~$134,600) currently paid by landlord present an opportunity for reimbursement. Adjusted stabilized NOI may exceed $400,000+ with just operational improvement Brand new condominium belonging to Attorney General child support services was built in 2023 directly behind the building which only makes the land value appreciate. There is significant potential to increase rental income to over $1 million, comparable to similar properties such as 6420 Richmond Atrium / 2323 South Voss Atrium only half a mile away.