WSG CRE
WSG CRE
Listed by WSG CRE
$9,200,000
Medical Plaza
Details
APN 14214-81004-00000
Property Type Office
Sub Type Medical Office
Square Footage 70,326
Cap Rate 6.84%
NOI $629,418
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 12
Lease Expiration 07/31/2036
Remaining Term 10.1
Rent Bumps Yes
Lease Options 4 options for 5 year - 2.0% escalations
Price per SqFt $131
Broker Co-Op Yes
Class B
Year Built 2003
Buildings 1
Stories 1
Acreage 5.870
Zoning S-MC
Investment Type Sale/Leaseback
Tenant Credit Credit Rated
Lease Commencement 08/01/2024
Ground Lease No
Sale Condition Sale for leaseback
Office | 6.84% CAP | 70,326 SqFt
Marketing description
Exceptional investment opportunity in a long term sale leaseback with credit rated Mercy Medical in a prime location. This investment provides a stable and secure income stream far below re-placement cost assuring a long term commitment from the tenant. Hosting a variety of essential medical services, including urgent care, dialysis groups, and several other medical practice groups. NNN lease, with annual escalations in the base rent, ensuring steady income growth and passive ownership. A reliable, long-term investment with a strong tenant and an attractive location poised for continued growth. Don’t miss this rare opportunity to invest in a high-quality, income-generating medical facility with a strong tenant.
Listing Contacts
WSG CRE
WSG CRE
Listed by WSG CRE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$629,418.00
$52,451.50/mo
Valuation Metrics
0
DSCR
6.84%
Cap Rate
6.84%
ROI
Map
Zoning
S-MC MixedMixed UseSuburban Mixed Use Community Center
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View all 96 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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