Opportunity to acquire a ±33,916 square foot, multi-tenant contemporary office building with over $765,000 in annual NOI. Home Depot (Fortune 23) is the largest tenant occupying 50% of the building. They've been in the building for over 15 years and recenlty signed a three-year renewal.
All tenants are on NNN leases with no opex protections. Take over income upon close of escrow.
6.14% Cap Rate, NOI $765,000. The property is 100% NNN leased with four quality tenants, and recently received over $1M in exterior and interior renovations.