Lincoln Property Company Southeast Brokers Sale of Office Building At 3754 LaVista Road
Lincoln Property Company recently brokered the sale of a 10,000 square foot office building at 3754 LaVista Road in the Northlake Commons office development. The sale was facilitated by Chip Sipple and George Gwaltney of Lincoln.
The two-story building, is 100-percent leased by four tenants. The building is situated directly on LaVista Road, giving it excellent visibility to more than 20,000 vehicles per day.
“Northlake Commons is a convenient location in a quality office park development which made it a great investment,” said Lincoln’s Sipple.
Lincoln recently executed two new leases in the building prior to the sale to help stabilze the rent roll. The office building caters to the mostly professional service firms for tenants living in close promxity to the office park. With improving amentities and solid demographics, the building and Northlake Commons made for an excellent investment for the new buyer.