Description
The Comcast Building offers a prime location on 23rd Street with credit tenants. Priced below replacement cost. This 27,300 sq. ft. center offers frontage on 23rd St, ample parking, and additional storage in the rear. Leases are triple-net. The Net Operating Income with the new leases is projected to be $434,000. Comcast has occupied 21,400 sq. ft. for over 12 years and renewed for an additional 5 years in 2019. Encompass Health recently signed a 5-year lease for 3,900 sq. ft. office (Suite C). Applied Technical Systems signed a 5-year lease for 2,000 sq. ft. (Suite B), which the tenant improvements are expected to be completed by May 1st.
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0BEDS
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2.78ACRES
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0BATHS
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01/2 BATHS
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27,300SQFT
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$157$/SQFT
School Information
Description
The Comcast Building offers a prime location on 23rd Street with credit tenants. Priced below replacement cost. This 27,300 sq. ft. center offers frontage on 23rd St, ample parking, and additional storage in the rear. Leases are triple-net. The Net Operating Income with the new leases is projected to be $434,000. Comcast has occupied 21,400 sq. ft. for over 12 years and renewed for an additional 5 years in 2019. Encompass Health recently signed a 5-year lease for 3,900 sq. ft. office (Suite C). Applied Technical Systems signed a 5-year lease for 2,000 sq. ft. (Suite B), which the tenant improvements are expected to be completed by May 1st.
© 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Data last updated: 2021-06-21T22:04:06.203.
Listing provided courtesy of Counts Real Estate Group Inc. Listing information © 2021 Central Panhandle Association of Realtors MLS.