Keller Williams Real Estate-Bl
Listed by Keller Williams Real Estate-Bl
$1,200,000
Medical building
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,000
Units 5
Cap Rate 7.96%
NOI $95,481
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 9.9
Lease Expiration 08/24/2034
Remaining Term 8.1
Rent Bumps Yes
Price per SqFt $400
Class A
Year Built 1984
Stories 1
Zoning CA2
Investment Type Net Lease
Lease Commencement 09/24/2024
Ownership condo
Office | 7.96% CAP | 3,000 SqFt
Marketing description
5 units being sold together as a package, Prime location currently used as a medical office with a long term lease. Ample parking, close to public transportation.
Listing Contacts
Keller Williams Real Estate-Bl
Listed by Keller Williams Real Estate-Bl
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,481.00
$7,956.75/mo
Valuation Metrics
0
DSCR
7.96%
Cap Rate
7.96%
ROI
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Tax History
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