Closing Date: June 2025

Address: 2891 Sunridge Way NE

Net Rentable Area: 87,271 SF

Year Built: 2001

Highlights:

• Exceptional opportunity to acquire a Class “A” downtown office building at a significant discount to replacement cost
• 100% leased to 8 tenants, with a weighted average lease term of 4.6 years
• Intrinsic Place has an average in-place net rent of $15.33 PSF, with future contractual increases over existing lease terms
• Excellent parking ratio of 1 stall per 264 SF (3.78 stalls per 1,000 SF), which supports medical uses