MEDICAL SALE LEASEBACK-9.00% CAP RATE!

Office for Sale
Catylist Listing ID: 30225814
Property Subtypes: Business Park, Medical
Building Status: Proposed
Building Size (RSF): 2,200 SF
Gross Building Area: See Agent
Sale Price: $407,000
Unit Price: $185 PSF
Property Use Type: Investment
Building Name: Wildwood Hammock Professional Park
Sale Terms: Sale/Leaseback
Cap Rate: 9.0%
Last Updated: 9/25/2018

Overview / Comments

The Subject Property is located just south of College Parkway, minutes from the Cape Coral bridge and US 41.
This is a great investment property, tenant in place and will do a sale lease back!

•Sale Lease Back
•5 Year Medical Practitioner Guarantee
•Great Investment Opportunity with income!
•Lease-Back rental rate is $36,630/Year, NNN
•9.00 % CAP RATE!! Pure net lease
•Interior divided into waiting room, reception, two bathrooms, 7 exam rooms and executive offices
•Condo Fees are at $3.51 PSF; of this $1.04 PSF is for reserves

Attachments & Media

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 154524360000000E0
Zoning: CS-1
Property Located Between: College Parkway and Cypress Lake Drive
Property Visibility: Good
Number of Stories: 1
Year Built: 1986
Parking Type: Surface

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