Quote:
Originally Posted by zoom31min
Chip-- are there ANY takers for the big building on 2nd Ave. N next to MBM? I keep seeing your "For Lease" sign on the building hoping that someone will take a stab.
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No, not yet, but we continue to search. The owner is not willing to sell (however, we have not received a bona-fide offer) and the property remains for lease in an "as-is" condition at $4500 per month for the approximately 40,000 sf building. The owner has indicated a willingness to negotiate services for higher rent (i.e., elevator and HVAC services installed/repaired) and even a willingness to subdivide a portion of the space (the upper 1st floor facing 22nd St S) for a smaller tenant (the square footage would be around 3500), but it is a large space. The owner would even be willing to master lease the entire building and allow the tenant to sublet space in the building if the tenant did the build-out, etc; however, the owner does not intend to sell.
Great building, great rental rate.
New exterior windows (except for the ground floor - too many people love to throw rocks and shoot pistols into 'em) and a pressure wash has occurred and a new roof was put on recently, but the interior does require a lot of work.
Would be a great loft building - just need to find ----- yep,
PARKING!