Listed by Kidder Mathews Seattle
$1,930,000
3229 Hoyt
Details
Property Type Office
Sub Type Medical Office
Square Footage 4,204
Cap Rate 5.75%
NOI $110,969
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $459
Year Built 1977
Year Renovated 2009
Investment Type Net Lease
Two Tenant NNN Dental Clinic Investment
Marketing description
Kidder Mathews is pleased to present the opportunity to purchase a two-tenant NNN dental clinic investment located in rapidly growing Everett, Washington.
Both tenants have occupied the building for 10+ years. Over $500K was invested into exterior building renovation and improvements creating a turn-key asset for an investor. Both tenants have invested significantly in tenant-improvements to their spaces, contact broker for more details.
Investment highlights
Both tenants have occupied for 10+ years
$500k+ invested into exterior building improvements
Significant tenant-improvements done to both dental spaces, contact broker for more details
Everett is the largest city in Snohomish County and 7th largest city in Washington State
Listing Contacts
Listed by Kidder Mathews Seattle
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,969.00
$9,247.42/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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