Details
Property Type: Office
Square Footage: 71,106
Net Rentable (sq ft): 56,884
Price/Sq Ft: $45
Cap Rate: 7.88%
Pro-Forma Cap Rate: 10.83%
Occupancy: 57%
NOI: $252,152
Pro-Forma NOI: $346,502
Year Built: 1972
Broker Co-Op: Yes
Marketing Description
Discover this well-maintained professional office building, offering ample parking and abundant natural light, nestled in a quiet, forest-like setting, just off I-87 Exit 10 in Clifton Park. This property features multiple tenancies, including office/ warehouse suites on the lower level. This is a great opportunity to own your own office space and generate cash flow.