LEED-Certified Building in the Innovation District
|Catylist Listing ID:
Mixed Use, Office Building
|Building Size (RSF):
|Property Use Type:
||Net Leased Investment (NNN), Investment
||Hamilton on Cherry
|Class of Space:
||Cash to Seller
Overview / Comments
Major redevelopment in 2007 of the century old Hamilton Hotel building at 714 Cherry Street. The project earned a Gold Level, LEED-Certification from the United States Green Building Council and was honored with the Sophia Long Award for Excellence in Historical Renovation from Cornerstones, Inc. The building features a green roof, living wall on the western exterior facade, a climbing wall in the lobby, millwork from rapidly renewable resources such as bamboo and compressed sunflower seeds, salvaged scrap metal for railing systems, translucent polycarbonate walls for light transference, low flow plumbing fixtures, high-efficiency lighting and HVAC systems with CO2 sensors, a shower with changing area, an interior bike rack, and more!
The ground floor and second floor space is on net lease with Asa Engineering. 3+ years remaining on the base term. Current NOI approx $100,000.
The 4,000 SF third floor is clean shell space ready for build out. A fire rating is currently in place that would allow for residential use.
There are 5 parking spaces behind the building.
Attachments & Media
||033145D L 00100P000
|Number of Stories:
|Typical SF / Floor:
||5 parking space come with the building.
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