Description:
Fully occupied medical office building providing over $130,000 annual income from rentals plus additional $15,572 in CAM (based on 2022 Actual Expenses). This is an extremely well maintained building in the heart of the Hospital grid, leased to outstanding tenants on a triple net lease generating a seven (7) Cap Rate. Adjoining adjacent land can be purchased or leased subject to ingress and egress to the office building and 4-5 currently used parking spaces. Office building must sell first. Units 1 and Units 3 are combined and leased to one tenant. Majority of building (82%) is upgraded to medical applications with separate exam rooms complete with full plumbing in each room.