This is the best value-add project I’ve seen in a LONG time. This doctor owned office complex has not been actively managed for a number of years. The property itself is in beautiful condition but the rent roll needs work. The complex consists of two office buildings on 5.46 acres with 356 parking spaces.
Step 1: Cosmetic updates to the elevator interiors, lobbies and hallways.
Step 2: Lease the move-in ready, 2nd generation spaces with new users.
Step 3: Sell for a significant profit.
Located at approx. Washington Road and 30th Avenue across from Gateway Technical College. Traffic counts exceed 15,000 vehicles per day. Great existing signage.
Financial snapshot available for serious buyers. Take the virtual tour of a typical vacant suite to see for yourself. Don’t forget to watch the video below where Beau breaks down the top 3 reasons this property is a great investment.
- Price: $2,499,000
- Area: 5.46 acres
- Phone Number: 414-324-4938
- Space (s.f.): 52,940