Listed by NAI TALCOR - West FL Office, NAI TALCOR - Tallahassee
$2,145,000
Fully Leased Medical Office | 8.13% Cap | Marianna
Details
APN 04-4N-10-0343-0000-0103
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 11,766
Cap Rate 8.13%
NOI $174,486
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $182
Class A
Year Built 2013
Buildings 1
Stories 2
Acreage 1.420
Zoning DISTA - Downtown Improvement Special Treatment Area
Income-Producing Asset on High-Traffic Corridor
Marketing description
This +/-1,650 SF medical / professional office suite with first-class finishes provides a professional and inviting atmosphere. Situated in a high-visibility location along the main commercial corridor, it offers excellent exposure to passing traffic, with traffic counts upward of 14,300. Property is conveniently located near local amenities, making it easily accessible for both employees and clients. Ample parking ensures hassle-free access for staff and visitors. The suite is fully equipped with fire and security monitoring systems, and 3-phase power is available if needed, offering flexibility for a variety of business operations.
Investment highlights
- 8.13% Cap Rate
- 100% Leased Medical & Office Investment
- ±10,900 SF Building
- Medical Tenant (NNN) + Two Government Tenants (FSG)
- Located on Major Corridor with 14,300 AADT
- Ample On-Site Parking
Listing Contacts
Listed by NAI TALCOR - West FL Office, NAI TALCOR - Tallahassee
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$174,486.00
$14,540.50/mo
Valuation Metrics
0
DSCR
8.13%
Cap Rate
8.13%
ROI
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