
Description
A Home for your business or an investment for your portfolio - maybe both - you decide. Built in 1981 this 9,600 RSF office building has huge upside potential. The property operates in the back with half the building unoccupied. Lease this thing up and start printing cash or plug in our business and enjoy free rent in the heart of Sussex. All leases written full service gross with a pass-through for increases above thresholds stated in lease. Building is 49% occupied with 4,665 USF of above-grade space available at an average FSG rent of $15.30/USF. See documents tab for Pro Forma illustrating present economics and forecast projections when leased to 85%.
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0BEDS
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0.59ACRES
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0BATHS
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01/2 BATHS
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9,600SQFT
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$57$/SQFT
School Ratings & Info
Description
A Home for your business or an investment for your portfolio - maybe both - you decide. Built in 1981 this 9,600 RSF office building has huge upside potential. The property operates in the back with half the building unoccupied. Lease this thing up and start printing cash or plug in our business and enjoy free rent in the heart of Sussex. All leases written full service gross with a pass-through for increases above thresholds stated in lease. Building is 49% occupied with 4,665 USF of above-grade space available at an average FSG rent of $15.30/USF. See documents tab for Pro Forma illustrating present economics and forecast projections when leased to 85%.
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