
Description
6 Parcels totaling 1.8 acres. The Property is a two-story multi-tenant office building, located north of I-75. Also included with the Property is the parking lot for the professional center and surrounding parcels of land. Tenants are paying lower than market rent. Additionally, the leases are either short-term in nature or month-to-month, creating the ability for new owners to secure new tenants paying a higher rental rate and terminating the lower paying leases. At the current rents, a new owner can still offer below market rent and still make a significant gain. AOI on full occupancy.
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0BEDS
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1.85ACRES
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0BATHS
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01/2 BATHS
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15,836SQFT
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$22$/SQFT
Description
6 Parcels totaling 1.8 acres. The Property is a two-story multi-tenant office building, located north of I-75. Also included with the Property is the parking lot for the professional center and surrounding parcels of land. Tenants are paying lower than market rent. Additionally, the leases are either short-term in nature or month-to-month, creating the ability for new owners to secure new tenants paying a higher rental rate and terminating the lower paying leases. At the current rents, a new owner can still offer below market rent and still make a significant gain. AOI on full occupancy.
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