4250 S Washington Ave - Medical FOR SALE


Titusville, FL 32780
$1,623,000 USD
917-518-4139
4250 S Washington Ave, Titusville, FL for Sale
$1,623,000 USD
Medical - FOR SALE
1/3
null | 7% Cap Rate

4250 S Washington Ave
Titusville, FL 32780


HIGHLIGHTS

  • No Landlord Responsibilities. Absolute NNN lease.
  • Provides a hedge against inflation. Strategic Location. Signalized hard corner with approx. 29,000 VPD on S. Washington Ave.
  • Recently Renovated in 2022. Existing double drive-thru.
  • Growing Space Coast Demographics
  • Titusville developments include: 240-unit apartment complex; 100-unit senior housing; and 153-room hotel

OVERVIEW

RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 4250 S Washington Avenue Titusville, FL, (the 'Property'). The Property is a licensed dispensary leased to MUV, a subsidiary of Verano Holdings Corp. Located 10 miles from the Kennedy Space Center, the Space Coast hosts approximately 3 million tourists annually

FOR SALE DETAILS

PRICE

$1,623,000 USD

PRICE/SF

$485 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

CC

APN/PARCEL ID

22-35-22-03-00003.0-0001.01

ASK ABOUT THIS PROPERTY

Matthew LeszykRIPCO Real EstateMore Info
917-518-4139

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Matthew LeszykRIPCO Real EstateMore Info
917-518-4139

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