Listed by DIRT Realty
$4,850,000
30800 Northwestern Highway
Details
APN 23-12-127-002
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 65,579
Net Rentable (SqFt) 61,778
Units 8
Cap Rate 3.25%
NOI $157,400
Occupancy 13%
Tenancy Vacant
Lease Term 1
Lease Expiration 12/31/2025
Rent Bumps No
Pro-Forma Cap Rate 24.7%
Pro-Forma NOI $1,198,000
Price per SqFt $74
Class A
Year Built 1977
Year Renovated 2025
Buildings 2
Stories 2
Acreage 4.000
Zoning OS-1
Parking Spaces 200 per 1,000 sq ft
Investment Type Redevelopment
Occupancy Date 12/01/2025
Renovation Started - Prime Location | 65,579 SqFt
Marketing description
Medical office renovations begun, but not completed. Incredible redevelopment plan for the next owner to finish. Deep value in key prime location. Over 65,000 square feet. Building can be 100% vacant or medical tenant will stay in a portion of the space on fresh NNN lease.
Investment highlights
Medical office renovations begun, but not completed. Incredible redevelopment plan for the next owner to finish. Deep value in key prime location. Over 65,000 square feet. Building can be 100% vacant or tenant will stay in a portion of the space on fresh NNN lease.
Listing Contacts
Listed by DIRT Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,400.00
$13,116.67/mo
Valuation Metrics
0
DSCR
3.25%
Cap Rate
3.25%
ROI
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