$1,130,000
$1,250,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
2,700 SqFt
SOLD DATE : 08/10/2018
Key Details
Sold Price $1,130,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $418
MLS Listing ID 801553
Sold Date 08/10/18
Year Built 2017
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Office
Property Description
Net Leased Investment opportunity with absolute triple-net lease and no Landlord responsibilities. Freestanding medical office building and 100% occupied.New Construction completed in April of 2017. The medical office building is currently leased to Emerald Coast Urgent Care with 14 years remaining on the initial termand personal guarantees from the principals. Net Operating income of $85,400 and and priced at a 6.83% Cap Rate.
Location
State FL
County Bay
Area 27 - Bay County
Zoning GC-3
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Bought with Counts Real Estate Group Inc
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