Wisner Office Building Presented By...419 East Main Street at Wisner Avenue, Town of Wallkill (Middletown Post Office), Orange County, NY. Building is located within a four minute

Wisner Office Building 419 East Main Street, Middletown, NY 10940

Presented By:

Price: $4,250,000

An attractive three-story, 50,000 sq ft professional office building built in 1992 of mauve and grey granite with solar glass perimeter windows. The building has an impressive three story glass entrance atrium. It sits on a 2.6 acre plot with ample parking, 168 spaces in total (4.2 spaces per 1000 sq ft). The building is fully sprinklered, with roof mounted gas fire Lennox Pulse HVAC units. The roof was replaced 12 years ago with a 20 year warranty. There is 1 acre plot adjacent to the building which is also for sale by the same owner. Base rental is $11.50 per rentable sq ft NNN. In addition to base rent, tenant is responsible for proportionate share of taxes and common area maintenance (CAM) charges, and natural gas and electric. Property taxes and common area charges are $7.50 per rentable sq ft. 25% occupied which means this building has huge upside and high return potentials. Tenants include Horizon Medical, Sylvania Lighting Services and other quality Medical & Dental professionals.


Price: Building Size: Price/SF: Property Type: Property Sub-type: Property Use Type: Occupancy: Building Class: Tenancy: Lot Size: APN / Parcel ID:

$4,250,000 50,000 SF $85.00 Office Office Building Owner /User 25.0% BMultiple 2.60 AC 335200 50-2-26.1


Financials, Debt and Unit Mix

Financial Summary Please contact me for a rent roll and NOI


Property Photos


Property Photos


Location

Location Description

419 East Main Street at Wisner Avenue, Town of Wallkill (Middletown Post Office), Orange County, NY. Building is located within a four minute drive from both Route 17 (Exit 122) and Interstate 84 (Exit4). About a two minute drive to Orange Regional Medical Center Horton Campus.

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Documents

Wisner Office Building Presented By...419 East Main Street at Wisner Avenue, Town of Wallkill (Middletown Post Office), Orange County, NY. Building is located within a four minute