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Listing Details
- $549,000
- MLS# 3122497
- Type Commercial - Office
- Status Active
Listed By
Agency Name: Compass RE
Agency Phone: 6154755616
Shown By
Agency Title: HALO Realty, LLC
Agency Phone: 615 822 3509
Home Value Estimate
Description
This 1,848 SF commercial condominium located within Bellevue Office Park presents a compelling investment or owner-user opportunity. Unit A is available for lease or owner-occupancy, while Unit B is currently leased to a stable dental office, providing immediate in-place income with future upside. Priced at $549,000, Unit A offers projected lease rates of $25.00/SF/YR NNN, creating instant NOI growth upon stabilization and resulting in a 6.85% stabilized cap rate. The property benefits from low-maintenance ownership, with HOA coverage including water, trash, and exterior maintenance. Capital improvements include a new roof replaced by the...read more
Features
- Year Built: 1983
Gallery
Listed By
Agency Name: Compass RE
Agency Phone: 6154755616
Shown By
Agency Title: HALO Realty, LLC
Agency Phone: 615 822 3509
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