Office Investment Opportunity
Property Details
Property Description
Investment Opportunity
18,434 SF
2-Story Office Building w/ Heavy Medical Tenancy
Silver Lake Professional Building. 2-story masonry office building currently 77% leased. 13 tenants ranging from 160 SF to 3,822 SF with 3 vacancies ranging from 160SF to 1,688 SF. First floor includes common break room, conference room and bathrooms on each floor. Elevator equipped, ample parking . Northwestern Medicine and Cary Grove Dental are anchor tenants.
Offered at a 8.9% cap rate based on in place income. Current owner has made $394,000 of upgrades in the last three years.
Located next to the Cary Post Office overlooking Jaycee Park pond with Electric monument signage. Seller is a licensed real estate broker.
Contact Broker for Rent Roll and Operating Statement.