Falls Plaza Professional Office Condos

$5,000 - $338,718

Property Overview

• Zoned B2
• Two story, Class B office space
• Built in 2005
• Approximately 180 parking spaces
• Two points of ingress/egress on Russell Road NW

Unit 301 | $5,000 - SOLD

• 98 SqFt
• Monthly Condo Association Dues: $21.04
• Corner work space located on the ground floor in lobby area

Unit 303 | $152,241 - SOLD

• 1,719 SqFt
• Monthly Condo Association Dues: $368.67
• Ground floor unit located in the front of the building with windows fronting Russell Rd NW

Units 305 & 309 | $125,289

• 1,982 SqFt
• Shell space
• Monthly Condo Association Dues: $425.30
• Ground floor unit located on the East side of the building

Unit 351 | $44,434 - UNDER CONTRACT

• 460 SqFt
• Former bank
• Monthly Condo Association Dues: $98.70
• Located on the second floor with balcony fronting Russel Rd NW

Unit 355 | $67,744 - INCOME PRODUCING w/ 13% CAP Rate

• 762 SqFt
• Leased to Letsen Law Firm at $936.36 / month
• 13% CAP Rate
• Monthly Condo Association Dues: $81.76
• Located on the second floor with ground access from the rear of the building

Unit 391 | $338,718 - UNDER CONTRACT

• 5,338 SqFt
• Former medical office with:
  • 11 exam rooms w/ sinks
  • 6 restrooms
  • 5 physician's offices
  • Lab
  • Lobby/reception area
  • Staff station
  • Conference room
  • Break room w/ sink
• Monthly Condo Association Dues: $1,145.48