Updated Office Building for Sale - **Building Details:** - Rating: 3 Star - Year Built: 1983 - Size: 17,250 square feet - Lot Size: 1.20 acres - Single-story structure - No zoning restrictions - **Parking:** - 63 surface spaces - 15 covered spaces - Parking ratio: 4.52 spaces per 1,000 square feet - **Current Tenancy:** - Occupied by three tenants - Owner willing to lease back half of the building for 10 years (two 5-year terms), allowing the new owner to lease out or occupy the remaining space to qualify for an SBA loan. - **Financials:** - Fully leased, the property is projected to generate approximately a 9.5% capitalization rate at fair market rental rates