Executive Place I-III

With an in-place NOI of $1.9 million and 5.0 years of weighted average lease term, Executive Place I - III  features both healthy cash yields and stability driven by the current in-place rent roll.
The rent roll is highly granular, with 11 tenants averaging 14,499 square feet and no tenant occupying more than 20% of the net rentable area.
Major tenants total 40% of the Portfolio’s net rentable area, with an impressive weighted average lease term of nearly 6 years (5.77 yrs.).
A reinvigorated leasing strategy will allow new ownership to reach a stabilized occupancy, capitalizing on a competitive set boasting impressive metrics and increasing NOI by more than $650,000 over a 5-year hold period.

Existing