2424 Washington Street
About this property
Opportunity Knocks! The availability of this 32,305 sf building on 2.16 acres, with 5 road cuts, located at a stoplight hard corner with approximately 31,000 vehicles per day offers a wonderful circumstance for an owner/user or investor! Substantial demographics within a 3 mile radius include a population approaching 110,000 with an average household income in excess of $90,000 per year. The median age of this site's population in this set is 33.8, 5.3 years below the national median age of 39.1. With a "going in" capitalization rate of 7.52, and approximately 6000 sf of vacant available space, the upside potential of this investment is terrific!
About this property
Opportunity Knocks! The availability of this 32,305 sf building on 2.16 acres, with 5 road cuts, located at a stoplight hard corner with approximately 31,000 vehicles per day offers a wonderful circumstance for an owner/user or investor! Substantial demographics within a 3 mile radius include a population approaching 110,000 with an average household income in excess of $90,000 per year. The median age of this site's population in this set is 33.8, 5.3 years below the national median age of 39.1. With a "going in" capitalization rate of 7.52, and approximately 6000 sf of vacant available space, the upside potential of this investment is terrific!
Features and Additional Information
Presented By Daniel and Associates Real Estate
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Brokerage: Callahan Blandings & Schaper
