10% Cap Office Investment with Additional Value Add Potential

Highlights:

• 10% cap rate, even with existing vacancy
• Value-add opportunity through lease-up of vacant suites
• Flexible Suite Layouts for Office Users
• Located Near Crowne Plaza, Just ±2 Minutes From I-10

Description:

This income-producing office property presents a strong investment opportunity with a 10% cap rate, even with existing vacancy, offering an investor additional income potential through the lease-up of available space.
The ground floor is fully leased to an established engineering company, providing stable in-place income, while one of the four upstairs suites is occupied by an insurance company.
Three upstairs suites are currently vacant and each offers a functional layout with three private offices, a main room, kitchenette and bathroom, providing move-in-ready spaces for future tenants.
Located directly next to the interstate and College Drive, the property offers convenient access to major roadways and strong connectivity throughout the surrounding area, making it easily accessible for tenants, employees and customers.

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