Medical Office Building for sale

Office for Sale
Sale Pending
Catylist Listing ID: 30678759
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 10,262 SF
Gross Building Area: See Agent
Gross Land Area: 34,822 SF
Sale Price: $2,760,000
Unit Price: $268.95 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class A
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: 6.8%
Last Updated: 4/15/2021

Overview / Comments

Nice brick & block medical building in SW Lincoln. Fully leased to quality medical tenant. Property is in an Association with shared parking.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $26,741 (Annual)

Current Tenants

Tenant Business Name Southwest Family Health
Contact Name Agent
Is Renting? Yes

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 09-23-203-001-000
Zoning: I-3
Property Located Between: 14th Street & Pine Lake Rd.
Property Visibility: Good
Highway Access: 2 miles to Hwy 2
Site Description: Located on the NW corner of 13th Street & Aries Drive. Other professional office buildings in the general area.
Area Description: Close proximity to shopping, restaurants, Costco, Super Saver, Banks, Office Parks.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Year Built: 2001
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Exceptional brick building with new roof in 2018 with Pinnacle Pristine wtih Scotchguard Protector shingles
Parking Type: Surface
Parking Description: common area parking lot. Approximately 30 stalls contiguous with building.
Total Parking Spaces: 30
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Typical medical space floor plan, see attachment, good quality finish.
Zoning Description: Employment Zone
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Horizon Business Center 1st Addn., B 1, L1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,064 49,763 136,950
Median Age: 34.26 36.63 37.34
Households: 2,687 19,532 56,555

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