Listed by 2020 Commercial Group
$995,000
5506 Broadway Blvd.
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,096
Cap Rate 6.93%
NOI $69,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 05/29/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 1
Price per SqFt $321
Class B
Year Built 2002
Year Renovated 2025
Acreage 0.290
Parking Spaces 18 spaces
Parking Per SqFt 5.81
Investment Type Net Lease
Lease Commencement 05/30/2025
Occupancy Date 12/31/2022
Office | 6.93% CAP | 3,096 SqFt
Marketing description
Prime investment opportunity. Elite Interns is an established and experienced health care provider that has just recently signed a new 5 year, NNN lease with 3% annual increases. Renovated in 2025.
Listing Contacts
Listed by 2020 Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,000.00
$5,750.00/mo
Valuation Metrics
0
DSCR
6.93%
Cap Rate
6.93%
ROI
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