7th East Office Building

Investment Overview

Spacious and welcoming open reception area, ideal for greeting clients and visitors. 3 well-appointed board rooms, perfect for meetings and presentations. 25 private offices offering privacy and space for focused work. Comfortable break room for employees to relax and recharge. Open bull pen areas with cubicles, fostering collaboration and teamwork. Ample natural light throughout the building, creating a bright and inviting work environment. Partially furnished, allowing for immediate occupancy with minimal setup. Well-maintained property, ensuring a professional appearance and smooth operation. Ample parking available for employees and visitors. Existing Lease Information: • Base Rent: $15,808.58.00/Month ($18.45 SF/YR) • All Utilities in Tenant's Name (Including Tax & Insurance) • Annual Base Rent Increases: 2.5% • Current NOI: $189,702 • CAP Rate: 6% Escalating to 7.31% • Rooms: 30 • Single Tenant • Lease Term: 123 Months • Lease Start Date: 12/1/2024 • Lease End Date: 1/31/2035