Listed by The Rants Group
$7,250,000
Black Hills Medical Office Investment Portfolio For Sale
Details
Property Type Office
Sub Type Medical Office
Square Footage 33,007
Units 21
Cap Rate 7.33%
NOI $531,677
Occupancy 100%
Tenancy Multi
Lease Type Modified
Class C
Year Built 1985
Buildings 4
Zoning MS
Investment Type Stabilized
Fully Occupied and Adjacent to MultiCare Capital Medical Center
Marketing description
This offering includes a portfolio of four medical office properties totaling 33,007 square feet (32,105 rentable square feet) within Olympia's established Black Hills Medical Park. The portfolio is fully occupied with modified gross leases, providing stable in-place income. Majority of the suites are individually metered for electricity and natural gas (gas at 405 only).
Located adjacent to MultiCare Capital Medical Center with convenient access to Highway 101 and I-5, Black Hills Medical Park is an established medical campus serving primary care, specialty, and laboratory users. Flexible suite configurations and a strong healthcare location support long-term occupancy and investment stability.
Listing Contacts
Listed by The Rants Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$531,677.00
$44,306.42/mo
Valuation Metrics
0
DSCR
7.33%
Cap Rate
7.33%
ROI
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