Catylist ID: #30007777
NorthPointe Office Plaza
Office for Sale
|Catylist Listing ID:||30007777|
|Property Subtypes:||Office Building, General|
|Building Size (RSF):||77,974 SF|
|Gross Building Area:||80,000 SF|
|Gross Land Area:||3 Acres|
|Unit Price:||$83.36 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Class of Space:||Class B|
|Sale Terms:||Cash to Seller|
Overview / Comments
2016 NOI of $588,282 represents 8.59% cap at $6.5M.
4th floor Master Lease presents opportunity for Owner User to occupy the 4th Floor at no cost or give investor 5 years to lease up.
Adjacent to I-25 access at San Mateo interchange. Across from Northside Presbyterian & Eye Associates Great location for medical and professional offices. 259 parking spaces with 45 covered for 3.32 / 1,000
Recent $2 million capital improvements and finishes. Million dollar upgrade to HVAC system and exterior finishes. Floor Lobbies and Common Areas Renovated. Recently installed 300 PV panels.
High speed internet access available
Attachments & Media
|Site Description:||Great North I-25 Location & Access. Just South of Northside Presbyterian Hospital & Eye Associates, and just east of Nativo Lodge.|
|Number of Stories:||4|
|Parking Ratio:||3.3 (per 1000 SF)|
|Total Parking Spaces:||259|
|Proximity:||1 mile||3 miles||5 miles|
Barbara HaaseCauwels & Stuve Realty & Dev.
Jessica TonjesCauwels & Stuve Realty & Development Advisors
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