Active

$859,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4454 sq ft
Overview
  • ID: MFROM655259
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4454 sq ft
Property Details
Remarks
Investment opportunity for Class A medical unit, in well-established Paddock Park Medical Center. 4yrs left on NNN Lease, brand new roof, and one new HVAC (Landlord responsible for roof and HVAC). Current gross rents for first yr is $63,000, with annual 2% increases. Tenant has 3 (2yr) renewal options at end of Lease. This unit provides a large waiting room, 10 exam rooms, X-ray room, 4 bathrooms, multiple offices for admin and consultation, and ample space for storage. Located centrally to all hospitals, Paddock Park Medical Center is highly desirable, with very little vacancy. This property is ideal for a 1031.
Financial Considerations
Price:
$859,000
HOA Fee:
N/A
Tax Amount:
$11100
Price per SqFt:
$192.86
Tax Legal Description:
SEC 26 TWP 15 RGE 21 UNIT 100 OF PADDOCK PARK MEDICAL CENTER A CONDOMINIUM AS PER DECLARATION RECORDED IN OR BK 5654 PG 1759 UNIT 101 BEING MORE PARTICULARLY DESC AS: A PORTION OF LOTS 2 & 3 OF PADDOCK PARK COMMERCIAL CENTER PHASE THREE AS PER PLAT T HEREOF RECORDED IN PLAT BOOK 1 PAGES 191-194 BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS : COM AT THE NW COR OF LOT 3 OF SAID PADDOCK PARK COMMERCIAL CENTER PHASE THREE TH N 83-27-54 W ALG THE NLY LINE OF LOT 2 OF SAID PADDOCK PARK COMMERCIAL CENTER PHASE THREE, 27.73 FT TH DEPARTING SAID NLY LINE S 06-32-06 W A DIS OF 151.60 FT TH S 83-27-54 E A DIS OF 13.22 FT TH S 06-32-06 W A DIS OF 11.67 FT TO THE POB TH S 83-27-54 E A DIS OF 74.50 FT TH S 06-32-06 W A DIS OF 58 FT TH N 83-27-54 W A
Exterior Features
Lot Size:
4356
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18, Common
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Carpet, Linoleum
Levels:
N/A
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
2004
Construction Type:
Brick, Stucco, Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    3301 SW 34TH CIR #101
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