Description
National medical tenant anchored freestanding medical and professional office building for sale with 31 parking spaces. Property meets criteria for SBA 51% occupancy loan. First floor has 6,500 sf and is rented to Caremax. Owner currently occupies 975 sf in the second floor which they need to lease back. Other second floor offices total 6,500 sf and are currently used for storage. Pro forma cap of 7.31% at market $25 PSF. Caremax has a 5 year option. 14,151 sf on a 19,110 sf lot. T6-8-O zoning allows for 8 stories by right. Property is fenced and gated with 9 covered and 22 surface spaces. Common parking. Property has no elevator. 40 year inspection and 10 year recertification completed. $75k in 2022 capex including new exterior lighting, new soffits, new fascia and roof has been repaired.
School Ratings & Info
Description
National medical tenant anchored freestanding medical and professional office building for sale with 31 parking spaces. Property meets criteria for SBA 51% occupancy loan. First floor has 6,500 sf and is rented to Caremax. Owner currently occupies 975 sf in the second floor which they need to lease back. Other second floor offices total 6,500 sf and are currently used for storage. Pro forma cap of 7.31% at market $25 PSF. Caremax has a 5 year option. 14,151 sf on a 19,110 sf lot. T6-8-O zoning allows for 8 stories by right. Property is fenced and gated with 9 covered and 22 surface spaces. Common parking. Property has no elevator. 40 year inspection and 10 year recertification completed. $75k in 2022 capex including new exterior lighting, new soffits, new fascia and roof has been repaired.
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