NNN Medical Office Building
SOLD May 2023 for $1,025,000
501 S. Orange Street, New Smyrna Beach, Florida 32168
| Building Size | 3,025 Square Feet |
| Land Size | 0.34 Acres |
| Zoning | B-6, Medical Professional |
| Year Built | 2014 |
| Parcel No | 7441-38-24-3070 |
| Cap Rate | 6.0% |
NNN Investment Property in desirable New Smyrna Beach.
- 3,025 SF freestanding medical office building.
- Sale/leaseback opportunity - Medical practice tenant with multiple Central FL locations.
- New 5 year NNN lease with renewals will be signed at closing.
- 6.0% cap rate year one with 3% annual increases.
- Functional medical floor plan; 4 exam rooms, 2 offices, 1 procedure room, 2 restrooms, large lobby, administration, breakroom, etc.
- Tenant has been operating out of this location since 2014.
- Freshly painted exterior and landscaping.
- An excellent addition to your real estate portfolio!
LOCATION OVERVIEW
Located just east of S. Dixie Freeway and south of Lytle Avenue/S Causeway.
Just one block to AdventHealth New Smyrna Beach and 0.5 miles to the Indian River.
Agent
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Office Phone: (386) 301-4580Mobile: (386) 295-5723Fax: (386) 206-1735
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.