Property details

Value-Add Medical Office Building For Sale, Southwest Region

Property Description

Value-Add Medical Office Building For Sale

All offers on the property are due on July 17, 2016.

A great way to expand or re-locate an existing business.

80% Leased

Value Add

Eye & Surgery Center

Yearly Rent Increases

19,026 +/- Square Feet

Actual (Not Pro-forma) NOI based on trailing 12 (T12 - the last 12 months of actual operations including income and expenses) as of June 30, 2016:
Effective Gross Income : $539,141
Total Expenses: $237,142
Net Operating Income: $301,999






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Highlights

Status:
Available
Price:
$5,500,000
PSF:
$289
Cap Rate:
5.50%
 

Property Information

Building Size:
19,026 sq.ft.
Property Type:
Medical
Industry Type:
Medical - Healthcare
Units/Spaces:
1
Purchase Tenure:
Fee Simple
 

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.