Investment Overview
The property is a 94,847± SF office building with approvals for redevelopment of flex space. There are currently three tenants occupying the building, one is an adult day care with the lease expiring in 2036. The other two tenants are on a month-to-month basis and will vacate upon notice.
Investment Highlights
- Property is approved for redevelopment of flex space
- Redevelopment includes the reconfiguration of the entire building to include 12 new tenant spaces with the current adult day care tenant in place (13 tenants spaces total)
- New tenant spaces range from 4,367 SF - 6,854 SF providing more leasing options for prospective tenants
- Addition of 8 new overhead doors (total of 10 overhead doors; 2 already existing)
- Common area to include large staging area with the addition of 2 new loading dock doors and a smaller staging area with a new overhead door