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Excellent Office Building for sale. All brick exterior with lots of windows & Class A space that has been remodeled and updated over time. Nice mix of 13+ offices with 2+ conference rooms with large reception and cubicle areas. Building can be easily divided into two units of 5,039 sq ft & 2,671 Sq. Ft. units for multi-use or sub-letting. Great central location with quick access to I380 and 32-Car off street parking. TENANT RIGHTS – Building is currently leased through 12/31/2023 for $10.00 PSF NNN (Self-Managed Cap-Rate = 8.5% / 2021-22 Pass-Thoughs are $4.83 PSF & includes Maintenance Contract). NOTE: Building Size is 7,709 per Owner/Blueprint and 7,645 per Assessor.
| DAYS ON MARKET | 202 | LAST UPDATED | 9/13/2022 |
|---|---|---|---|
| YEAR BUILT | 1977 | COMMUNITY | Out Of Area |
| COUNTY | Linn | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central A/C |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Out Of Area |
| HEAT | Gas |
| LOT | 0.67 acre(s) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by CHRIS MOTTINGER, Mottinger Real Estate Group
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