$1,600,000
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4,104 SqFt
SOLD DATE : 09/14/2022
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,104 sqft
Price per Sqft $402
MLS Listing ID 1098222
Sold Date 09/14/22
Year Built 2006
Property Sub-Type Business
Source Daytona Beach Area Association of REALTORS®
Property Description
NNN Investment Property in desirable Lake Mary, FL (Orlando MSA).
4,104 SF freestanding medical office building in Stirling Center.
Sale/leaseback opportunity - Medical practice tenant with multiple Central FL locations.
New 5 year NNN lease with renewals will be signed at closing.
7.0% cap rate year one with annual increases.
Functional medical floor plan; 8 exam rooms, 5 offices, 2 procedure rooms, 4 restrooms, large waiting room, breakroom, etc.
Tenant has been operating out of this location since 2015.
A dynamic addition to your real estate portfolio!
Location
State FL
County Seminole
Direction Located in Stirling Center just west of Rinehart Road and 1 mile to Interstate 4.
Others
Senior Community No
Tax ID 06-20-30-513-0000-0100
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