Marcus and Millichap is pleased to offer the opportunity to acquire a +/- 101,269 SF single story value-add office/flex building (“Asset” or “Property”) that is 82% occupied by AT&T Services, Inc. (“Tenant”), a wholly owned subsidiary of AT&T. As of March 2025, AT&T significantly increased the amount of space leased at the Property showcasing the importance of this Asset to AT&T. The remaining 18% of rentable SF provides a value-add lease up opportunity for future ownership in an office market with a less than 4.5% vacancy.

This single tenant net lease office Asset provides secure cash flow with high investment grade credit backing by one of the largest telecommunications companies in the world. With 18% in-place vacancy, this investment allows investors the opportunity to achieve higher yields through lease up, while benefiting from the security of an investment-grade tenant and incredible underlying real estate value combined with an attractive going in basis.