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1st Floor - Unit 10
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Office
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5,248 SF
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$1,695,000 USD
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Unit Size: 5,248 SF
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Condo Use: Office
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Price: $1,695,000 USD
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Sale Type: Investment
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Price/SF: $322.98 USD
Description
Property Highlights
- Total Building Size: 5,248 SF
- Single-Story Office Building
- 10 Private Offices + 2 Conference Rooms
- Patio with Lake Views
- Fully Occupied by Current Tenant
- Flexible, Efficient Floorplan
Sale Notes
Investment Highlights
- Sale-Leaseback Opportunity with established medical tenant
- Asking Price: $1,695,000
- Cap Rate: 6.52%
- Tenant: Noble Hospice & Palliative Care
- Lease Term: Through May 30, 2029
- Renewal Options: Four (4) × 5-year options with 3% annual increases
- Lease Rate: $21.07 PSF
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