Listed by SRS Real Estate Partners Newport Beach
$3,500,000
Orlando Dermatology
Details
Property Type Office
Sub Type Medical Office
Square Footage 5,215
Cap Rate 9.64%
NOI $337,453
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 04/30/2029
Remaining Term 2.9
Rent Bumps Yes
Lease Options 2 (5-Year)
Price per SqFt $671
Year Built 2010
Lease Commencement 04/30/2024
Ownership Condominium Ownership
Office | 9.64% CAP | 5,215 SqFt
Investment highlights
Near a Walmart Anchored Center | Great Freeway Access | Excellent Visibility
Strong Demographics in 5-Mile Trade Area | Six Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$337,453.00
$28,121.08/mo
Valuation Metrics
0
DSCR
9.64%
Cap Rate
9.64%
ROI
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