Investment Overview
This income-producing property features a 4,494 square foot, one-story brick office building, currently leased to a national tenant at $4,972 per month. The lease rate is $13.28 per square foot, with the base term expiring on February 28, 2027, and includes three one-year renewal options. The property is situated on a 0.561-acre corner lot. The listing price is $850,000.00. For more details, please contact the agent.
Investment Highlights
- 4,494 square foot freestanding one-story brick office building
- 0.561 acre located on the southwest corner of West Congress St. and Brookside Dr.
- Leased to a national tenant for $4,972 per month (see agent for details)
- Lease data - $13.28 PSF, base term expires February 28th, 2027 with three, one year options
- Zoned MN-1 (Mixed-Use Neighborhood 1)
- Flood Zone X
- 186' of frontage on the south side of West Congress Street
- List Price $850,000.00