Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach
$5,209,000
2-Tenant Medical Pad | Aspen Dental & Urgent Care
Details
APN 854004
Property Type Office, Retail
Sub Type Medical Office
Square Footage 7,000
Cap Rate 6.35%
NOI $330,730
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $744
Year Built 2025
Acreage 0.700
Zoning RC: Retail Commercial
Ownership Fee Simple (Land & Building)
Office | 6.35% CAP | 7,000 SqFt
Investment highlights
- 100% Occupied | 2025 Construction | Options to Extend | Scheduled 10% Rental Increases | Brand-New 10-Year Leases
- Signalized, Hard Corner Intersection | Palestine Mall (240,000 SF) | Strong National/Credit Tenants | Highway 256 (23,700 VPD)
- Strong Demographics in Nearby Trade Area
Listing Contacts
Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$330,730.00
$27,560.83/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
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