HIGHLIGHTS
- Fresh Lease Renewal- MyEyeDr recently signed a fresh 5 year term, showing their commitment to this location and signs of a successful operation.
- In Demand Asset Class- Optometry is a prime candidate for a blend between medical and retail, also known as ‘medtail.’
- National Operator- With over 900 locations across the country, MyEyeDr is one of the largest optometry providers in the country.
- Below Market Rent- At less than $12/SF, this location provides security to an investor, knowing the rental rate could easily be replaced.
- Visible and Accessible- This asset is easily seen from the road and immediately accessible.
- Affluent Market- The ±5-mile radius surrounding this asset has an average household income of over $86,121, creating an increased demand for the area.
FOR SALE DETAILS
PRICE
$637,935 USD
PRICE/SF
$186 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MYEYEDR
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
24
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,246 SF
ZONING
0
APN/PARCEL ID
108.00-01-17
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847-361-4181
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847-361-4181
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