ACCEPTING OFFERS! At full vacancy, this property offers a unique opportunity for an owner user investor to capitalize occupying all or part of the building while leasing the remaining available space to increase cashflow and appreciation.
FINANCIAL PROJECTION NOTES:
NOTE: STARTING ON 1.1.2026 THE PROPERTY WILL BE 100% VACANT WITH NO INCOME.
***The Year 1 Projections are as of January 1, 2025 to show the Previous Year Potential Performance with One Tenant IGT paying its Scheduled rent. And the Estimated Property Operating Expenses.
**Year 2 - Year 10 - Are strickly for assumption purposes and not actual in place or planned Income and Expenses. Provided only for potential proforma purposes of what the property could potentially look like if 100% leased at the conservative rental assumptions provided. The Conservative potential rental numbers are based on the leasing of each space at a gross rental amount to include base rent and NNN expenses of $10.00 psf Gross. 36 month initial terms with 2% annual rental increases and 100% renewal rate with an increase of $1,000 per year.
**Operating Expenses - are current estimated expenses with 1-2% increases.