117 R StMadera, CA 93637

This exceptional investment opportunity presents a single-tenant, Class B office building located at 117 N R St, Madera, CA 93637. The property boasts 8,690 square feet of net rentable space situated on a 27,007 square foot lot (APN: 010-062-016-000). Built in 2006, this building currently enjoys 100% occupancy with a long-term tenant, a Madera County government agency, providing stable and reliable income. The asking price is $2,649,000, representing a price per square foot of $304.83 and a 6.85% cap rate. Recent upgrades include a brand new foam roof, enhancing energy efficiency and reducing long-term maintenance costs. The property's prime location offers convenient access to major highways, public transportation, and local amenities. This is a rare chance to acquire a well-maintained, fully occupied office building with a strong, dependable tenant in a desirable location. The building is a single structure and features a modified lease type.