151 NW 11th St - Medical CONDO FOR SALE


Homestead, FL 33030- Outer Homestead/South Dade
$2,760,330 USD
717-514-6390
151 NW 11th St, Homestead, FL for Sale
$2,760,330 USD
Medical CONDO - FOR SALE
1/42
null | 7.25% Cap Rate

151 NW 11th St
Homestead, FL 33030
Outer Homestead/South Dade


HIGHLIGHTS

  • 5,762-square-foot institutional- quality medical office condominium investment 100% leased to Conviva Senior Primary Care, Humana Inc. (NYSE: HUM)
  • Long-term absolute net lease extending through May 31, 2035 | Approximately 8.8 years of remaining lease term
  • 2.5% annual contractual rent escalations provide predictable organic income growth, passive ownership with virtually no landlord responsibilities

OVERVIEW

Offered at $2,760,330, the property generates $200,124 in first-year net operating income, representing a 7.25% capitalization rate

FOR SALE DETAILS

PRICE

$2,760,330 USD

PRICE/SF

$479 USD /SF

CAP RATE

7.25%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tower Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

27,760 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

99

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

B-1A, Homestead

APN/PARCEL ID

10-7812-037-0090

ASK ABOUT THIS PROPERTY

Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.