Small City Real Estate
Listed by Small City Real Estate
$1,300,000
1218 Mayberry
Details
Property Type Office
Sub Type Medical Office
Square Footage 5,125
Net Rentable (SqFt) 6,086
Cap Rate 5.7%
NOI $74,127
Occupancy 100%
Lease Type Net
Rent Bumps Yes
Price per SqFt $254
Investment Type Net Lease
High-Visibility Commercial Investment in Walworth's growing Corridor
Marketing description
Position your capital in one of Walworth’s most recognizable professional buildings. Strategically leased to MVPT Physical Therapy, this 5,125 sq. ft. property benefits from a loyal patient base and high local traffic. With a current base rent of over $6,000/month and favorable annual escalations, this is a rare chance to acquire a stabilized asset in the 14568 market. The lease structure includes CAM. This also includes an additional parcel with the address of 1229 Mayberry Place.
Investment highlights
NOI of $74,127 Cap rate of 5.7
Listing Contacts
Small City Real Estate
Listed by Small City Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,127.00
$6,177.25/mo
Valuation Metrics
0
DSCR
5.7%
Cap Rate
5.7%
ROI
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Property History
Tax History
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