• 1 Units
• Unknown Sq Ft
• Unknown Sq Ft
• Unknown Cap Rate

Description

Current Medical Therapy Tenant Signed 5-Year Lease that runs through on 3/31/33. Tenant renewed early adding 5 Yrs Early!
Approx 1,463 SF including extra storage area
Current Lease Term 4/1/23-3/31/33. 3% increases annually 4/1.
Current Rent $3,192.00 plus any increases in Base Condo fees or Base Taxes
Landlord Responsible for Base YR Real Estate Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR Real Estate Taxes and Base YR Condo Fees
RE Taxes (7/1/24-6/30/25) $5,637.46
Tenant Reimburses RE Taxes in excess of Base Yr Rate (For 2024 YR Tenant Reimb was $285.58)
Condo Fee $275.00/mo (Tenant is paying $30/mo portion of this already included in Rent)
Tenant Reimburses Condo Fees in excess of Base Yr Rate and are added to Rent
(For YR 2024 The Condo Fees in excess of Base Yr paid by Tenant as additional Rent was $360)
Condo Fee includes Professional Management, Exterior Maintenance, Roof, Structure,
Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Tenant Responsible for all Repairs, HVAC Maintenance, Utilities, Janitorial etc.
Tenant Responsible for Utilities/Water/Sewer/Electric are all billed with separate meter.
Features of 6181 Executive Blvd:
Beautiful 2 Story Office Condo completely renovated with many upgrades
High Ceilings with Spacious Furnished Reception Area
Kitchenette with Custom Cabinets and Granite Countertops
Private Bathroom
9 Offices (6 Main Level and 3 Upper Level)
Beautiful Glass Enclosed Upper Offices
Upgraded energy efficient lighting and ceiling tiles

Lots of Natural Light with Oversized Windows that can open for fresh air
HVAC System with multiple Zones for ideal temperature environment
$77,000 in Renovation Upgrades has already been invested in this property
Storage area
Security System
Carpet and Tile
Peaceful beautifiable Landscaped Exterior Courtyard Entrance
Free Parking
Walking distance to Pike and Rose Retail Center and Metro
Owner willing to Sell 6181 Unit in combination with Units and/or 6177, 6179 and 6183