Listed by The Menlo Group Commercial Real Estate LLC
$1,300,000
Dental Building For Sale
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,496
Cap Rate 7.05%
NOI $91,684
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 05/31/2027
Remaining Term 1
Lease Options 1
Price per SqFt $372
Class B
Year Built 1974
Investment Type Net Lease
Lease Commencement 05/17/2022
Office | 7.05% CAP | 3,496 SqFt
Marketing description
Freestanding dental office available for sale. Tenant in place with NNN lease until May 2027 with an option to renew for an additional 5 years. Estimated NOI for this building is $91,684.17 yielding an approximate 7% cap rate.
Listing Contacts
Listed by The Menlo Group Commercial Real Estate LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,684.00
$7,640.33/mo
Valuation Metrics
0
DSCR
7.05%
Cap Rate
7.05%
ROI
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