Courtesy of: Tyler Alms, Salient Realty Group, LLC, talms@salientrealtygroup.com
Courtesy of: Tyler Alms, Salient Realty Group, LLC, talms@salientrealtygroup.com
$835,000
|
Lot: 0.61 Acres
|
|
Other
|
$835,000
9730 Reavis Park Drive The property totals 10, 000 SF (25% Office | 75% Warehouse) which is currently occupied by a single tenant user. There is a demising wall that splits the building into two 5, 000 SF spaces, which has been opened in the back portion for the tenant to utilize the full 10, 000 SF. They are required to repair this wall at the end of their lease term. Further, the property contains multiple private offices (5+) & has 5 bathrooms (one of which is in the shop). The property is set up nicely for an owner-user. We are happy to discuss a creative solution if you are an owner occupant looking to operate out of this building. The tenant has a lease through Dec 31st, 2027 and is currently on a gross lease. They pay approximately $8.40/SF for the entire space. There are multiple strategies to add value here, whether you convert back to two (5, 000 SF) spaces (In High Demand) or converting the lease to a NNN structure to shelter some of your operating costs.
Courtesy of: Tyler Alms, Salient Realty Group, LLC, talms@salientrealtygroup.com
Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.