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  • For sale
College Park III - #1
College Park III - #2
College Park III - #3

For Sale

$2,162,440 USD

College Park III consist of 30,892 square feet and is currently 43% leased today. College Park III is within minutes of major demand drivers and retail amenities in both Greenbrier and Military Circle. The building is located just four miles from Greenbrier, the region’s largest office submarket with over 50,000 workers. Greenbrier boasts a deep amenity base including extensive restaurant, entertainment, and retail options. As asking rents continue to rise in the Greenbrier submarket, College Park III benefits from attracting tenants looking for more affordable options, while still enjoying the extensive dining and employee amenities nearby.
This property is an excellent opportunity for an owner occupant. A buyer can occupy as much as 20,000 SF immediately. The existing leases are short term which would allow for expansion into the entire building within the next 12 months. The asking price of $70/SF is less than 1/2 the cost of replacement today.