Description

This 3,620 sq. ft. professional office building offers excellent investment potential or owner-occupancy options. Suite 1 & 2 are currently leased to the first tenant, and Suite 3 to a second tenant, with both transitioning to month-to-month leases as of July 2024. The property generates a current NOI of $46,500, reflecting a 6% capitalization rate. Located on Blanding Boulevard near Cedar River, the building features ample storage, 12–15 parking spaces, a new roof installed in 2024, and freshly painted exterior.