Building Size | 18,434 Square Feet |
Land Size | 1.86 Acres |
Zoning | B2 |
Parking | 92 |
Water | city |
Sewer | city |
Electric | 200 amp |
Year Built | 1998 |
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.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.