Property details

Investment-Grade NNN Medical, Southeast Region

Property Description

Investment-Grade NNN Medical

Investment-Grade NNN Medical

This Won't Last Long!

We are direct to the owner.

This is an Off-Market, Confidential, Controlled and Deliverable Property.

S&P Investment-Grade Credit Rating of "A"

Single Tenant Dermatology Center

Absolute Triple Net (NNN)

Four 5-Year Options

2.00% Annual Increases in the primary term and in the options

Located on a large, 2.3 acre land area.






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Highlights

Status:
Available
Price:
$7,248,300
PSF:
$378
Cap Rate:
5.35%
Rent Increases:
2.00% Annual Increases in the primary term and in the options
 

Property Information

Building Size:
19,174 sq.ft.
Property Type:
Net Lease
Industry Type:
Medical - Healthcare
Units/Spaces:
1
Land Area:
2.30 acres
Purchase Tenure:
Fee Simple
 

Lease information

Tenant:
Investment-Grade NNN Medical
Lease Type:
NNN
Lease Expiration:
09/30/2028
Lease Remaining:
11.3 years
Landlord Responsibilities:
None. Absolute, High and Dry, Bond Type NNN Lease
Options:
Four 5-Year Options
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.