Listed by KW Commercial Phoenix/Glendale-Peoria
$975,000
Pensacola Medical For Sale
Details
Property Type Office
Sub Type Medical Office
Square Footage 4,250
Net Rentable (SqFt) 4,250
Units 2
Cap Rate 7.51%
NOI $73,175
Occupancy 100%
Brand/Tenant Optum, OptumServe
Lease Type NNN
Lease Expiration 11/30/2027
Remaining Term 1.5
Rent Bumps Yes
Lease Options One 5-yr.
Year Built 1985
Buildings 1
Investment Type Stabilized
Sale Condition 1031 exchange
Medical Office | 7.51% CAP | 4,250 SF | Great Tenant
Marketing description
This property, Suites 11 and 12, is part of the Heritage Medical Park in Pensacola, Florida. The tenant, OptumServe Health Services, occupies 4,250 SF with a lease expiring at the end of Nov. 2027 and 3.5% annual rent bumps. There is one 5-year option as well. This is a fantastic, quality tenant who can provide long term stability for a quality investor with an impressive 7.51% Cap.
Investment highlights
- Quality National Tenant – OptumServe Health
- Leased to 11/30/27 + 5 yr Option
- 3.5% Annual Rent Bumps
- $73,175 NOI - 7.51% CAP
- Dec NOI Jumps to 7.77% CAP
- 4250 SF - Built in 1985
Listing Contacts
Listed by KW Commercial Phoenix/Glendale-Peoria
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,175.00
$6,097.92/mo
Valuation Metrics
0
DSCR
7.51%
Cap Rate
7.51%
ROI
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