This is a NNN Lease with Tenants paying all expenses except for roof, structure, base year real estate taxes and base year condo fees. The Prime Lease on the 2nd Floor is through 12/31/2027 and they have been there for 25 years. The 1st Floor Tenant is paying below market rent and has been there for 8 yrs and their Lease is through 6/30/2024. The 1st Floor Tenant will most likely renew their Lease but if they don't there is substantial opportunity to increase the rent further. Also Opportunity for Owner/User to utilize a portion of the Office for their own Owner Usage.
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.