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Property Overview:
- +/- 13,282 SF Professional/Retail Center For Sale
- Located at the corner of Morse and Cherry Bottom Roads near Easton Town Center and New Albany
- 100% Leased
- Year Built: 1998
- Lot Size: 1.62 Acres
- Parking: 64 Spaces
- Parcel ID: 025-010028
- Tenants:
- UBS/Paine Webber - NNN Lease Expires on 11/30/2008. Two 5-Year Options (Option 1 at $19.15; Option 2 at $21.80)
- Salon Lofts - NNN Lease with 1.5% Annual Increases Starting 11/1/2008.
Lease Expires on 10/31/15.
One 5-Year Option to Renew at Market Rate
- Overload Fitness - Tenant is Responsible for All NNN Expenses Over 2007 Base Year.
Lease Expires 2/28/2010
- Surrounding Users: CVS, Charles Penzone, and The Limited Headquarters
- Investment Information:
- NOI: $208,649.41
- Sale Price: $2,400,000
- Cap Rate: 8.69%
- Co-Op Fee: 1.5%
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