Description
INVESTMENT SALE 6.5% CAP RATE - This property was converted to medical use in 2015. The building was renovated at that time to accommodate this use. It is leased by an infectious disease group that has multiple locations in Florida and Georgia. The remaining term on the lease is 4 years. The current lease is a NN but will be converted to a NNN. The only expense currently paid by landlord is real estate tax. It is priced at a 6.5% cap rate.
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0BEDS
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0.63ACRES
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0BATHS
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01/2 BATHS
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3,360SQFT
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$393$/SQFT
School Ratings & Info
Description
INVESTMENT SALE 6.5% CAP RATE - This property was converted to medical use in 2015. The building was renovated at that time to accommodate this use. It is leased by an infectious disease group that has multiple locations in Florida and Georgia. The remaining term on the lease is 4 years. The current lease is a NN but will be converted to a NNN. The only expense currently paid by landlord is real estate tax. It is priced at a 6.5% cap rate.
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