Listed by Reichle | Klein Group
$24,995,000
Medical Technology Testing Lab, World HQ Office & Flex
Details
Property Type Office
Sub Type Medical Office
Square Footage 213,687
Cap Rate 8.08%
NOI $2,020,824
Occupancy 100%
Tenancy Single
Brand/Tenant International Credit
Lease Type NNN
Lease Term 10
Lease Expiration 10/30/2032
Remaining Term 6.4
Lease Options yes
Price per SqFt $117
Broker Co-Op Yes
Class A
Acreage 21.000
Zoning M2
Investment Type Net Lease
Lease Commencement 10/31/2022
Sale Condition Sale for leaseback
Office Flex
Marketing description
The Reichle | Klein Group is pleased to present this single, credit tenant’s lease of three adjoining buildings with over 55 years of history and 1500 associates worldwide. This unique investment opportunity is located within 1 mile of I-75 on 21 acres.
Investment highlights
Potential buyers can obtain the CA & NDA from broker.
Listing Contacts
Listed by Reichle | Klein Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,020,824.00
$168,402.00/mo
Valuation Metrics
0
DSCR
8.08%
Cap Rate
8.08%
ROI
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