|
2nd Floor - Unit 200
|
Office
|
3,847 SF
|
$1,900,440 USD
|
|
-
Unit Size: 3,847 SF
-
Condo Use: Office
-
Price: $1,900,440 USD
-
Sale Type: Investment
-
Price/SF: $494.01 USD
Description
This exceptional investment and owner-occupier opportunity features a 3,847 square foot office space that is turn-key ready. Leases are structured with termination clauses, providing for the opportunity to occupy upon ownership transfer. Ideal for investors seeking a property with established short-term tenants, the office unit boasts an impressive design with exposed brick and beam, frosted glass-enclosed offices, and a mix of tile and wood flooring, along with an industrial-chic boardroom. The premises benefit from 10 exclusive underground parking stalls and are in immediate proximity to common washrooms and a kitchenette. Currently, 21 of 23 of the locking micro-offices within the space are occupied by short-term tenants, offering the option to either occupy a portion of the premises in the future while still enjoying supplementary income, or to utilize the entire space exclusively for your business.
Sale Notes
Owner Occupier/Investor Opportunity
$699/SQFT and 7.27% cap rate
Perfect for investors or owner-occupiers with landlord’s right to terminate leases upon ownership transfer
Thoughtfully demised into 23 individual offices
1 minute drive to Highway #1 via the Iron Workers Memorial Bridge
Stunning brick and beam aesthetic
5-minute walk to the Phibbs Exchange Bus Loop
10 exclusive underground parking stalls
Owner occupier and investor opportunity
Leases are structured with termination clauses, providing for the opportunity to occupy upon ownership transfer.
|
Meg Cooney
William Wright Commercial
