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- RE: Medical Suites Investment Properties
- Contact: Max Crescenzi
Quick Facts
| Asking Price: | $900,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1018437 | |
| Broker Reference #: | 6401306033 |
Business Overview:
MEDICAL OFFICE INVESTMENT OPPORTUNITY
3,559 SF | Two Leased Medical Suites | $900,000 Asking Price
Established Medical Tenants • Strong Visibility • Excellent Parking • Long-Term Leases
An excellent opportunity to acquire two fully leased medical office suites totaling 3,559 SF within a professional office building prominently positioned along a major thoroughfare with excellent frontage and convenient parking.
The suites are occupied by an established Chiropractor and Health & Wellness practice. Other tenants in the building are medical related.
Investment Highlights
3,559 SF total medical office space
$900,000 asking price
$77,676 annual base rental income
$14,004 annual CAM income
$91,680 combined annual rent + CAM
Approximately $252.00/SF asking price
Approximately 8.63% cap rate based on current base rental income of $77,676
Tenants currently leased through 2030
One suite includes a 1–5 year renewal option
Excellent frontage on a major thoroughfare
Ample, convenient parking
Professional medical office environment
Multiple healthcare specialties provide tenant diversification
Suite Details
Suite 1 — 2,459 SF
Annual Base Rent: $50,676
Annual CAM: $6,000
Lease Expiration: April 15, 2030
The tenant is responsible for janitorial services, natural gas, electricity, lighting, oil, waste charges, cable/internet services, and other utilities and operating expenses as provided under the lease.
Suite 2 — 1,179 SF
Annual Base Rent: $27,000
Annual CAM: $8,004
Lease Expiration: June 1, 2030
The lease includes a 1–5 year renewal option.
Tenant Profile
The property benefits from a diverse healthcare-oriented tenant mix, including practices specializing in:
Radiation & Oncology
ENT & Allergy
Two Internal Medical Practices
Chiropractic
Wellness Services
The combination of established medical uses and a professional office setting may provide an attractive environment for continued medical occupancy.
Location & Property Features
The suites are located within a professional office building with excellent visibility and frontage along a major thoroughfare. Convenient parking supports both medical professionals and their patients, while the professional setting is well suited to healthcare and wellness practices. Please refer to listing number 6401306033 and business broker Max Crescenzi when inquiring about this listing.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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