1770 N Wickham Rd - Medical FOR SALE


Melbourne, FL 32935- Suburban Melbourne
$1,225,000 USD
305-965-8412
1770 N Wickham Rd, Melbourne, FL for Sale
$1,225,000 USD
Medical - FOR SALE
1/7
null | 6.11% Cap Rate

1770 N Wickham Rd
Melbourne, FL 32935
Suburban Melbourne


HIGHLIGHTS

  • - Absolute NNN Lease | Corporate Guarantee
  • - Bright Now! Dental has Occupied the space since 1996
  • - Drastically below market rent, Market is $30/Foot NNN
  • - Tenant recently exercised it's option, extending for 5 years
  • - Signalized Hard Corner
  • - 3% Annual Rent Increases

OVERVIEW

- Absolute NNN Lease - Corporate Guarantee - Bright Now! Dental has Occupied the space since 1996 - Signalized Hard Corner - Tenant recently exercised it's option, extending for 5 years - 3% Annual Rent Increases - Drastically below market rent, Market is $30/Foot NNN - Exceptional Long-Term Value - Situated in a Dense Corridor

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

6.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bright Now! Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

RU-1-13

APN/PARCEL ID

27-36-13-00-00754.0-0000.00

ASK ABOUT THIS PROPERTY

Jose FernandezArena CapitalMore Info
305-965-8412

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Jose FernandezArena CapitalMore Info
305-965-8412

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