Waterfront office park with approved plans for an additional office development and garage, providing huge long-term potential to a user or investor. |
River Plaza Office Complex is highly accessible, with direct frontage along Highway 1, just 15 minutes from Interstate 95. |
Merrill Lynch anchors the property, and other tenants are on shorter leases, allowing flexibility for a new owner to renew or use the space. |
Local submarket office rents have increased by 22.9% over the past three years, with limited new deliveries minimizing supply-side pressure. |