Property details

15-Year Absolute NNN Single Tenant Medical Property, Southeast Region

Property Description

15-Year Absolute NNN Single Tenant Medical Property

Confidential, Off-Market Opportunity!

This property will not last long.

Brand New, ground-up construction (not an aged, rehabbed building).

Located in one of the finest areas in all of south Florida.

Very prestigious, National single tenant medical tenant.

Will be opening (and lease commences) late September, 2018.

Brand new 20-Year single tenant NNN Medical lease.

Additional information will be provided to qualified buyers after the signing of a NDA.



Net Lease Properties For Sale


Medical - Healthcare For Sale



About the Tenant

Multi-Billion Dollar National Medical Tenant

Images

Request property package

Highlights

Status:
Available
Price:
$15,100,000
PSF:
$472
Cap Rate:
5.00%
Annual Rent:
$755,000
Rent Increases:
2.5% for the first 10 years, then FMV for the remaining 5 years of the primary term
 

Property Information

Building Size:
32,000 sq.ft.
Property Type:
Net Lease
Industry Type:
Medical - Healthcare
Units/Spaces:
1
Year Built:
2018
Purchase Tenure:
Fee Simple
 

Lease information

Tenant:
15-Year Absolute NNN Single Tenant Medical Property
Lease Type:
NNN
Lease Commencement:
07/23/2018
Lease Expiration:
07/23/2018
Lease Remaining:
15.0 years
Landlord Responsibilities:
None - Absolute Triple Net (NNN)
Options:
Two 5-year options, all with 2.5% annual increases
 

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.