Remarks

Opportunity to own this Class A 36,000+ partially tenanted 3 story office building with visibility to Route 17 (I-86) with 67,000+ cars per day. There is signage. There are 22 separate units/office spaces with 60% fully leased. There is an elevator, ground floor easy access on multiple sides and a loading dock in the rear. Building shows a pro forma of $367,978.89 (7+ cap) when full. Large ground floor level is completely gutted and ready to be built out for a tenant. There is 14,274 sf of vacant space that needs to be leased to make this property VERY SUCCESSFUL. Presently it is 40% vacant and rents are below market. Large parking lot with easy access in and out for cars or trucks. Building is brick construction with large windows giving it an open modern feel. Current and pro forma rent roll and expenses in documents as is a brochure.

Details

MLS#: H6335933
Price: $5,500,000

Style: Office
Baths Half: 0
Sq Ft: 42210
Year Built: 1988

County: Orange County
Subdivision: Matthews St LLC
Tax Fee: 82900

School District: Goshen