The property is ideally situated to benefit from the area’s rapid growth and offers strategic opportunity for the astute investor. Currently leased with a lease expiration in May 2025, there are two strategies, namely one for a developer and another strategy for a user. For the developer, the tenant is interested in renewing, which could provide interim income for a developer looking to build multifamily on the site. For a user, given there is no renewal option, a user could occupy the building after the lease expiration.