Description
Prime Investment Opportunity in a great Location, secure your future with a high-yield, triple net income property! Situated at the vibrant intersection of Transmountain and Railroad. The project entails the construction of two cutting-edge commercial office/warehouse buildings. The first building boasts an expansive 17,600 sq.ft. footprint, comprising warehouse space along with shared office facilities, featuring a total of 9 offices. Second building will be subdivided into four units, each offering 4,000 sq. ft. of versatile space, summing up to 16,000 sq. ft. in total. The 17,600 sq. ft. building has executed lease 3-to-5-year in place, ensuring stability and consistent income from the get-go. Each of the 4,000 sq. ft. units in the second building presents an exciting prospect, anticipated to rent out at a competitive rate of $15 per sq.ft. Prime corner lot, this property enjoys great visibility and accessibility, making it a magnet for businesses seeking importance and convenience
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0BEDS
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4.26ACRES
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0BATHS
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01/2 BATHS
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33,600SQFT
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$146$/SQFT
School Ratings & Info
Description
Prime Investment Opportunity in a great Location, secure your future with a high-yield, triple net income property! Situated at the vibrant intersection of Transmountain and Railroad. The project entails the construction of two cutting-edge commercial office/warehouse buildings. The first building boasts an expansive 17,600 sq.ft. footprint, comprising warehouse space along with shared office facilities, featuring a total of 9 offices. Second building will be subdivided into four units, each offering 4,000 sq. ft. of versatile space, summing up to 16,000 sq. ft. in total. The 17,600 sq. ft. building has executed lease 3-to-5-year in place, ensuring stability and consistent income from the get-go. Each of the 4,000 sq. ft. units in the second building presents an exciting prospect, anticipated to rent out at a competitive rate of $15 per sq.ft. Prime corner lot, this property enjoys great visibility and accessibility, making it a magnet for businesses seeking importance and convenience
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