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INVESTMENT HIGHLIGHTS
- Mix of professional office, medical office, and service/retail tenants
- 82.4% Occupied
- Daily Traffic Count 37,467
- 22,624 Square Feet
- Upside potential, or the opportunity to redevelop a 2.1 acre parcel
- Signalized Intersection
EXECUTIVE SUMMARY
2450 West Ridge Road is a 22,624 square foot investment offering that is currently 82.4% occupied. Situated in the heart of the West Ridge Road corridor, immediately across the street from the 1.6 million square foot Mall at Greece Ridge, the property features a mix of professional office, medical office, and service/retail tenants. The property offers in place cash flow with upside potential, or the opportunity to redevelop a 2.1 acre parcel in one of the market‘s primary retail trade areas.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Property Size
27,000 sq ft
Costar Property Class
B
Year Built/Renovated
1985/2010
Price
£1,271,651
Price per sq ft
£47.10
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
9,000 sq ft
Floor To Floor Height
10 ft
Plot ratio
0.30
Total Plot Size
2.10 ac
Use Class
05
Parking
150 Spaces (5.56 Spaces per 1,000 sq ft Leased)
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PROPERTY TAXES
| Parcel Number | 262800-074-140-0002-016-000 | Improvements Assessment | £777,802 |
| Land Assessment | £215,507 | Total Assessment | £993,309 |
PROPERTY TAXES
Parcel Number
262800-074-140-0002-016-000
Land Assessment
£215,507
Improvements Assessment
£777,802
Total Assessment
£993,309
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2450 Ridge Rd W
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