$850,000
Vital Care Urgent Care - S 27th St, Abilene
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,749
Net Rentable (SqFt) 3,749
Cap Rate 7.06%
NOI $59,984
Occupancy 100%
Tenancy Single
Brand/Tenant Vital Care Urgent Care
Lease Type NNN
Lease Term 5
Lease Expiration 09/30/2029
Remaining Term 3.2
Rent Bumps Yes
Lease Options 1x 5-yr Renewal Term
Price per SqFt $227
Broker Co-Op Yes
Class C
Acreage 0.530
Zoning O - Office
Investment Type Net Lease
Lease Commencement 10/01/2024
Occupancy Date 09/19/2014
Free-standing Urgent Care | NNN Lease w/ Renewal Options
Marketing description
NNN investment opportunity with a medical user. Fully leased to Vital Care Urgent Care through 9/30/2029 with a 5-year renewal option, offering reliable cash flow. Excellent location for both medical and retail uses in the future.
Investment highlights
NNN investment opportunity with a medical user. Fully leased to Vital Care Urgent Care through 9/30/2029 with a 5-year renewal option, offering reliable cash flow. Excellent location for both medical and retail uses in the future.
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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$59,984.00
$4,998.67/mo
Valuation Metrics
0
DSCR
7.06%
Cap Rate
7.06%
ROI
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