Investment opportunity for Class A medical unit, in well-established Paddock Park Medical Center. 4yrs left on NNN Lease, brand new roof, and one new HVAC (Landlord responsible for roof and HVAC). Current gross rents 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.
| Property Type | Office Bldg |
|---|---|
| Year Built | 2004 |
| Level Number | 1 |
| Zoning | OP |
| Listing ID | PTFJKS |
| MLS ID | OM655259 |
| Style | Other Style |
| Building Size | 4,454 SF |