Description
Great investment opportunity! 5 year (with 5 year renewal) lease in place with credit worthy International tenant. NOI of $98,560 with 2% annual escalators and initial cap rate of 8.2%. This completely renovated office building sits on a corner lot in the East De Pere business district. The interior is a modern, open concept design offering common area work space and break area, multiple conference rooms and 10 +/- private offices. The building has 4 entrances and two driveways. Plenty of paved parking in a private lot. 1.9 acres.
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0BEDS
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1.91ACRES
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0BATHS
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01/2 BATHS
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9,856SQFT
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$101$/SQFT
Description
Great investment opportunity! 5 year (with 5 year renewal) lease in place with credit worthy International tenant. NOI of $98,560 with 2% annual escalators and initial cap rate of 8.2%. This completely renovated office building sits on a corner lot in the East De Pere business district. The interior is a modern, open concept design offering common area work space and break area, multiple conference rooms and 10 +/- private offices. The building has 4 entrances and two driveways. Plenty of paved parking in a private lot. 1.9 acres.
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