Listed by Kroll Commercial Realty LLC
$597,428
Prime Investment Property (Current Dental Office)
Details
Property Type Office
Sub Type Medical Office
Square Footage 1,615
Net Rentable (SqFt) 1,615
Units 1
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $370
Class B
Year Built Approx. 1985
Buildings 1
Stories 1
Zoning OP-1
Investment Type Net Lease
Ownership Fee Simple
Office | 7.00% CAP | 1,615 SqFt
Marketing description
Approx. 1,615 SF
Contemporary Remodeled office
3 Oversized Operatories
2 Private Offices
2 Bathrooms
Kitchen/Break room
Reception/Waiting Room
Lab
Full basement for Storage
Investment highlights
· Stable Rental Income from an office condo with established dental practice
· FIRST TIME OFFERED ON THE MARKET
· Most visible office condo in Cornwall Court Office Complex
· Sale Price: $597,428
· 7% Cap Rate
· Yearly Net Income: $41,820
· Lease expires 1/31/29
· 20 years as an established dental office
· 2025 RE Taxes: $9,983/YR
· 2025 Condo Fees: $725 a month
Listing Contacts
Listed by Kroll Commercial Realty LLC
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