Listed by Commercial Acquisitions
$8,499,000
421 Ocean Parkway
Details
Property Type Mixed Use, Office
Sub Type Medical Office, Traditional Office
Square Footage 14,913
Cap Rate 6.64%
NOI $564,028
Occupancy 100%
Tenancy Multi
Year Built 2004
Lot Size (SqFt) 5,750
Zoning R7A, OP
Mixed Use Building for Sale: 6.64% CAP | 14,913 SF
Marketing description
- 100% Occupied Mixed Use Professional Office Building
- Constructed in 2004
- Central HVAC & ADA Compliant
- Elevator Building
- Corner Building in High Traffic Area
- Steps from Public Transportation
- Multiple Parking Spots
- Additional Buildable Air Rights: 8,108 SF
- Class A Tenants with NNN Leases
- Great Investment Opportunity in Prime Kensington
Listing Contacts
Listed by Commercial Acquisitions
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$564,028.00
$47,002.33/mo
Valuation Metrics
0
DSCR
6.64%
Cap Rate
6.64%
ROI
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