Description
Investment opportunity for Class A medical unit, in very well-established Paddock Park Medical Center. Currently leased for 5 yrs, with 57 months left on NNN Lease (Landlord responsible for roof and HVAC). Current gross rent 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.
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Listing Office: COLDWELL BANKER ELLISON REALTY O
Attribution contact: 352-732-8350
