100% Leased NNN Single Tenant Medical Office Building For Sale

Office for Sale
Catylist Listing ID: 30298010
Property Subtypes: Medical, Net Leased, Office Building
Building Size (RSF): 4,224 SF
Gross Building Area: See Agent
Sale Price: $629,999
Unit Price: $149.15 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 8.05%
Last Updated: 8/27/2018

Overview / Comments

Great investment opportunity, with an 8.05% cap rate! This is your chance to own a 100% leased single tenant medical office building in Fremont, NE. The building is currently leased to Children's Physicians who entered the Fremont, NE market in August of 2017. Children's preformed an interior renovation when they entered the market. The lease is a NNN lease. The building has Highway 30 visibility, is 4,224 SF, and has a beautiful maintenance free brick exterior. Fremont, is a strong market, with expected growth in the near future with the opening of the Costco processing plant scheduled for 2019.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $7,078 (Annual)

Additional Details

Nearest MSA: Fremont
County: Dodge
Tax ID/APN: 157035
Property Visibility: Good
Typical SF / Floor: 4,224 SF
Year Built: 1987
Year Renovated: 2017
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 18

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