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2010 McGee

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  • Space Available: 10,000 sf
  • Sale: $1,700,000

    Investment opportunity with long term governmental lease.

     

    Social impact real estate investment opportunity.

    10,000 sq ft across two floors, plus 5,000 sq ft in basement.

    6.63% cap rate, that escalates to 7.22% at Year 3 of the 7 years remaining on the lease.

    NOI of $112,687, increasing to $122,687 at Year 3