Listed by Paul Johnson & Associates
$1,200,000
2225 S Danville
Details
Property Type Office
Sub Type Medical Office
Units 2
Cap Rate 5.50%
NOI $66,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Walker Chiropractor, Digital Sign
Lease Type NNN
Lease Term 3
Rent Bumps Yes
Lease Options (2) Options to Renew
Price per SqFt $267
Class A
Year Built 1977
Year Renovated 2018 & 2023
Acreage 0.520
Zoning GC
Investment Type Core
Lease Commencement 07/31/2024
Occupancy Date 07/31/2024
Office | 5.50% CAP
Marketing description
Excellent Investment Opportunity! 100% Occupied / Medical Building Triple Net Leases / Annual Increases Located on S. Danville with great visibility and excellent access to Highway 83/84 between S.14th & SW Drive
The property is located between S.14th Street and SW Drive on the access road along Hwy 83/84.
Investment highlights
- Excellent Investment Opportunity!
- 100% Occupied / Medical Building with Triple Net Leases and annual increases.
- Located on S. Danville with great visibility and excellent access to Highway 83/84 between S.14th & SW Drive
- Traffic Count / 65,000+ VPD.
- For More Information / Matthew Muzechenko / (325) 439-1420
Listing Contacts
Listed by Paul Johnson & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,000.00
$5,500.00/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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