506 N 40th Ave.
506 N 40th Ave.
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100% fully leased Class A office space with 5 tenants (one is Washington State) in a great central location on 40th Ave near Englewood Ave. All but one small lease has 6+ years remaining. This property was fully renovated in 2019 with high end finished like glass walls as well as dry erase walls in each office, large offices, and conference rooms as well. ADA compliant with and elevator serving all 3 floors. Plenty of parking and ideal property for a 1031 buyer. See marketing package for details.

PROPERTY DESCRIPTION

ADDRESS

CITY, STATE, & ZIP

UNITS

YEAR BUILT

BUILDING SF

TYPE

CONSTRUCTION:

ZONING

APN

506 N 40th Ave.
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14, 707 SqFt

Commercial Office

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OFFERING SUMMARY

SALE PRICE

PRICE PER UNIT

PRICE PER SF

CAP RATE

MARKET CAP RATE

GRM

MARKET GRM

$3,550,000

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PROPERTY DESCRIPTION

ADDRESS:

506 N 40th Ave.

CITY, STATE, & ZIP:

-

UNITS:

-

YEAR BUILT:

-

BUILDING SF:

14, 707 SqFt

TYPE:

Commercial Office

CONSTRUCTION:

-

ZONING:

-

APN:

-

OFFERING SUMMARY

SALE PRICE:

$3,550,000

PRICE PER UNIT:

-

PRICE PER SF:

-

CAP RATE:

-

MARKET CAP RATE:

-

GRM:

-

MARKET GRM:

-

DEMOGRAPHICS

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POPULATION

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HOUSEHOLDS

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MEDIAN AGE

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AVERAGE INCOME

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