100% Leased Med Off for Sale-Altamonte Spgs
NNN 3% Bumps--NOI $109k-Maitland Ave
Marketing description
100% Leased-For Sale Free Standing Beautiful Medical Office Building*
4601 sf
*********************************************************************************************
On Maitland Ave with Large Signage on Maitland Ave
Corner of Maitland Avenue and Ballard Street, Altamonte Springs, FL 32701
-707 Ballard Street, Altamonte Springs, FL 32701
***********************************************************************************
Absolute Triple Net (NNN) lease.
No Landlord Responsibilities.
Single Tenant.
NOI $109,000
100% leased.
3% annual rent increases
6 month Security Deposit
Option to renew another 5 years.
Long Term Medical Tenant.
Fully functioning medical office.
Full Medical buildout already in-place
Free Standing 1 story Building
Built 1996*
Excellent Location: Close to Major Hospitals
***********************************************************
--Advent Health Altamonte Springs
--Orlando Health South Seminole
-- Encompass Health
-- Close to Highway I-4
Big Savings: No Condo/HOA and other building service fees since it is a free standing building.
Approx. 20 parking spaces and 2 handicap parking spaces.Ample parking spaces
Prominent monument sign facing Maitland Ave
Floor plan features multiple private offices and exam suites, lab stations and treatment rooms already plumbed
Rare medical office opportunity located within the region’s most desirable medical growth corridor.
Ideally positioned on the hard corner of Maitland Ave and Ballard Street
Large Signage on Maitland Ave.
Parking right up to main entrance door.
1 story building.
Original 10 year lease with 5 year option to extend lease.
10 year lease expires June 2028.
This freestanding building delivers unparalleled visibility and convenience for both customers and staff.
Abundant natural light from ample windows throughout.
Brand NEW roof recently installed.
The property consists of 2 adjacent interconnected suites.
3002sf and 1598sf
Tenant occupies both suites.
LAYOUT
Suite 1000 - approx 3002 sf
*************************************
6 exam rooms
3 offices
5 bathrooms
Waiting room
Lab
Front desk
Chart room
Laundry room
Kitchen
2 showers
Large waiting room
Handicapped bathroom
Reception area with glass privacy window
2 air conditioners
Suite 1001 - approx. 1598sf
*************************************
3 exam rooms
1 large lead lined room
waiting room
1 large office w bathroom/shower
Handicapped bathroom
Reception area with glass privacy windows
Small storage room with sink
1 air conditioner
Original 10 year lease with 5 year option to extend lease.
10 year lease expires June 2028.
Excellent for 1031 exchange.
Priced substantially below replacement cost!
Motivated Seller. Make your best offer before it is gone!
**********************************************
For faster response please email
jessica.beltz@gmail.com
*****************************************
*the above info is to the best of our knowledge
Investment highlights
100% Leased-For Sale Free Standing Beautiful Medical Office Building*
4601 sf
*********************************************************************************************
On Maitland Ave with Large Signage on Maitland Ave
Corner of Maitland Avenue and Ballard Street, Altamonte Springs, FL 32701
-707 Ballard Street, Altamonte Springs, FL 32701
***********************************************************************************
Absolute Triple Net (NNN) lease.
No Landlord Responsibilities.
Single Tenant.
NOI $109,000
100% leased.
3% annual rent increases
6 month Security Deposit
Option to renew another 5 years.
Long Term Medical Tenant.
Fully functioning medical office.
Full Medical buildout already in-place
Free Standing 1 story Building
Built 1996*
Excellent Location: Close to Major Hospitals
***********************************************************
--Advent Health Altamonte Springs
--Orlando Health South Seminole
-- Encompass Health
-- Close to Highway I-4
Big Savings: No Condo/HOA and other building service fees since it is a free standing building.
Approx. 20 parking spaces and 2 handicap parking spaces.Ample parking spaces
Prominent monument sign facing Maitland Ave
Floor plan features multiple private offices and exam suites, lab stations and treatment rooms already plumbed
Rare medical office opportunity located within the region’s most desirable medical growth corridor.
Ideally positioned on the hard corner of Maitland Ave and Ballard Street
Large Signage on Maitland Ave.
Parking right up to main entrance door.
1 story building.
Original 10 year lease with 5 year option to extend lease.
10 year lease expires June 2028.
This freestanding building delivers unparalleled visibility and convenience for both customers and staff.
Abundant natural light from ample windows throughout.
Brand NEW roof recently installed.
The property consists of 2 adjacent interconnected suites.
3002sf and 1598sf
Tenant occupies both suites.
LAYOUT
Suite 1000 - approx 3002 sf
*************************************
6 exam rooms
3 offices
5 bathrooms
Waiting room
Lab
Front desk
Chart room
Laundry room
Kitchen
2 showers
Large waiting room
Handicapped bathroom
Reception area with glass privacy window
2 air conditioners
Suite 1001 - approx. 1598sf
*************************************
3 exam rooms
1 large lead lined room
waiting room
1 large office w bathroom/shower
Handicapped bathroom
Reception area with glass privacy windows
Small storage room with sink
1 air conditioner
Original 10 year lease with 5 year option to extend lease.
10 year lease expires June 2028.
Excellent for 1031 exchange.
Priced substantially below replacement cost.
Motivated Seller. Make your best offer before it is gone!
**********************************************
For faster response please email
jessica.beltz@gmail.com
*****************************************
*the above info is to the best of our knowledge
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