MLS # | 3501481 |
Construction Year | 1995 |
Taxes (per year) | $37,300 |
Bus | 1 min to B44 |
2 min to B49 | |
3 min to B44+, B8 | |
7 min to B103, B41, BM2 | |
10 min to BM1, BM3, BM4 | |
Subway | 3 min to 2, 5 |
Introducing an exceptional opportunity for discerning investors: Welcome to the prestigious Medical Center. Nestled in a prime location, this income-generating gem boasts an impressive approximate 12% cap rate, setting the stage for a lucrative investment, ideal for savvy individuals seeking a rewarding venture, including those exploring 1031 exchanges. Distinguished by a roster of esteemed medical professionals, this center stands as a hub of innovation and excellence. A constellation of medical doctors sublets dedicated spaces on long-term leases, underscored by the security of triple net arrangements, ensuring a seamless income flow. Comprehensive financials and sublease details are readily available upon request, affording prospective investors a transparent and informed entry into this opportunity. This meticulously designed 2-story building, complemented by a finished basement, stands as a testament to architectural sophistication. Currently achieving a remarkable 100% occupancy rate, the building's 23 x 70 dimensions accommodate over 5,000 sqft of premium, income-generating space. Encompassing a property size of 33.33 x 100, zoned R6, the potential for growth and expansion is unparalleled. Seize the chance to be a part of this unparalleled investment opportunity, where excellence, profitability, and innovation converge seamlessly © 2023 OneKey™ MLS, LLC