Description
-NNN Leased Office Investment -Five years remaining on AIR Single Tenant NNN Lease with 2 five-year options -2% Annual Increases -Tenant pays 100% of all operating expenses directly, including HOA -6.25% Capitalization Rate -Well maintained building priced significantly below replacement cost -Tenant is a leading insurance and financial services company. Tenant has been in business since 1924 and has occupied the location for over 35 years
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Listing Agent: Chris Shoemaker | Agent phone: 831-247-2647
Listing Office: Shoemaker Commercial Real Estate
