Listed by CrownPoint Partners
$1,422,857
15 Yr Abs NNN Dental | 7.00% Cap | Florida
Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 3,100
Net Rentable (SqFt) 3,100
Cap Rate 7%
NOI $99,600
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 15
Rent Bumps Yes
Lease Options 2, 5-year
Year Built 1979
Year Renovated 2026
Investment Type Sale/Leaseback
Ground Lease No
15 Yr Abs NNN Dental | 7.00% Cap | Florida
Marketing description
- 15-Year Absolute Net Lease Offering Predictable Cash Flow
- Zero Landlord Responsibilities
- Attractive Annual 2% Rent Increases Throughout Base Term and Option Periods
- Medical Office Asset Positioned Within a High-Demand Healthcare Sector With Stable Long-Term Fundamentals
- Over 20 On-Site Parking Spaces Providing Ample Access for Patients and Staff
- Flexible Zoning Allowing for Continued Medical Use or Conversion to General Office or Professional Services
- Ideal Opportunity for Private Investors or 1031 Exchange Buyers Seeking a Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy
- High-Visibility Location Along North 9th Avenue, a Major Commercial Corridor With Strong Traffic Counts and Excellent Accessibility
- Centrally Positioned Within Pensacola Near Established Residential Neighborhoods, Retail Corridors, and Medical Providers Driving Consistent Demand
Investment highlights
- 15-Year Absolute Net Lease Offering Predictable Cash Flow
- Zero Landlord Responsibilities
- Attractive Annual 2% Rent Increases Throughout Base Term and Option Periods
- Medical Office Asset Positioned Within a High-Demand Healthcare Sector With Stable Long-Term Fundamentals
- Over 20 On-Site Parking Spaces Providing Ample Access for Patients and Staff
- Flexible Zoning Allowing for Continued Medical Use or Conversion to General Office or Professional Services
- Ideal Opportunity for Private Investors or 1031 Exchange Buyers Seeking a Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy
- High-Visibility Location Along North 9th Avenue, a Major Commercial Corridor With Strong Traffic Counts and Excellent Accessibility
- Centrally Positioned Within Pensacola Near Established Residential Neighborhoods, Retail Corridors, and Medical Providers Driving Consistent Demand
Listing Contacts
Listed by CrownPoint Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,600.00
$8,300.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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Tax History
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