Rahal Real Estate LLC
Listed by Rahal Real Estate LLC
$2,250,000
1264 Malabar Rd. S.E.
Details
APN 29-37-04-00-00010.0-0000.00
Property Type Office
Sub Type Medical Office
Square Footage 5,010
Units 1
NOI $75,000
Tenancy Single
Lease Type NNN
Lease Expiration 02/01/2027
Lease Options Two 1-year options
Year Built 1988
Buildings 1
Stories 1
Acreage 3.490
Zoning Commercial
Investment Type Net Lease
Lease Commencement 02/01/2019
Occupancy Date 02/01/2019
Office | 5,010 SqFt
Marketing description
Prime Income-Producing Medical Office and Development Site Secure a turnkey investment featuring an established medical office building, anchored by a stable hospital tenant since 2019. Currently generating $75,000 in annual gross income, the lease runs through 2027 with two 1-year renewal options. Located just off the high-traffic Malabar Road corridor, this parcel offers immediate cash flow alongside significant development upside. Benefit from a thriving professional ecosystem and versatile zoning in one of the area's most sought-after business hubs. New roof in October 2025.
Listing Contacts
Rahal Real Estate LLC
Listed by Rahal Real Estate LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
3.33%
Cap Rate
3.33%
ROI
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