3-Medical Office Buildings for Sale-GREAT INVESTMENT

Office for Sale
Catylist Listing ID: 30827359
Property Subtypes: Medical
Building Size (RSF): 31,633 SF
Gross Building Area: See Agent
Sale Price: $12,250,000
Unit Price: $387.25 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 6.27%
Last Updated: 2/27/2023

Overview / Comments

*Longtime established Specialty Medical Practice that is Centrally located in the Medical Corridor.

*Great Property Visibility and recently has had $800,000 worth of Updates.

*Great Income Producing Investment Opportunity!

*Tenant is one of 3 Major Hospitals in this MSA.

*2022 Annual Rent $778,773.17

*Tremendous cost segregation possibility for accelerated depreciation.

***THE ADDRESS SHOWN IS FOR THE LISTING BROKERAGE. LOCATION OF MEDICAL OFFICES NOT DISCLOSED***

***CONFIDENTIAL LISTING - MUST EXECUTE CONFIDENTIALITY AGREEMENT***For Full Details, Principal must be Identified.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009010180085
Zoning: C-3
Property Visibility: Excellent
Airports: Pensacola Airport
Total Number of Buildings: 3
Year Built: 1989
Year Renovated: 2021
Roof Type: Hip
Parking Type: Surface
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Drywall/Plaster
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,279 49,788 124,778
Median Age: 41.76 39.32 37.96
Households: 3,882 20,794 48,125

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