Welcome to an exceptional investment opportunity that combines history, modern amenities, and high occupancy rates. This portfolio consists of three office properties, each with its unique charm and strategic location.
The first property is a single-tenant office building, boasting a total of 15,500 rentable square feet (RSF). This historic building, constructed in 1910 and renovated in 1999, is currently 100% occupied. It houses a prominent public health department, adding a layer of prestige and stability to the investment.
The second property in the portfolio is a six-story office building, offering a total of 75,396 SF. Located in the heart of the city, this building is currently 92.2% occupied by a single tenant – a renowned department of health care and family services. This property stands as a testament to the city’s architectural heritage and its modern vibrancy.
The third and final property is a unique single-story office, totaling 57,185 RSF, accompanied by a 68-space surface parking lot. This property, a former bank building constructed in 1927 and renovated in 1998, is currently 100% occupied by a prestigious department of commerce and economic opportunity.
Collectively, these properties offer a total of 148,081 SF and are 96.0% occupied, presenting a stabilized portfolio that promises consistent returns. Each building in the portfolio is strategically located, offering tenants easy access to the city’s amenities and infrastructure.
Investment Highlights:
- High Occupancy: The portfolio boasts a high occupancy rate of 96.0%, ensuring consistent returns.
- Prestigious Tenants: Each property is occupied by reputable government departments, adding to the portfolio’s stability.
- Strategic Location: Located in the heart of the city, each property offers easy access to city amenities and infrastructure.
- Historic Charm: Each building in the portfolio boasts a rich history, adding a unique charm and appeal.
Conclusion:
This portfolio presents a unique opportunity for investors seeking a stable and high-return investment in the office properties sector. With high occupancy rates, prestigious tenants, strategic locations, and historic charm, these properties promise a blend of consistent returns and growth potential.
