The Thomas Centre

Investment Overview

- Value-add or owner occupancy investment opportunity, currently 72.86% leased - Current NOI: $321,576/year - ~80% office with some smaller warehouse spaces - Strong tenant mix with diverse professional groups to include engineering, health care, research and service groups - Contiguous, sprinklered vacancy available for lease or occupancy, with a shower - Average rental rates below market at current rate of $12.45/SF NNN. All leases with 3% annual escalations - Project offered significantly below replacement cost, under $130/SF (Asking $126.93)