20 Cypress Point Pky - Freestanding FOR SALE


Palm Coast, FL 32164
$6,700,000 USD
386-451-5435
20 Cypress Point Pky, Palm Coast, FL for Sale
$6,700,000 USD
Freestanding - FOR SALE
1/2
null | 5% Cap Rate

20 Cypress Point Pky
Palm Coast, FL 32164


HIGHLIGHTS

  • Central, accessible location for easy access by older demographic patients
  • Parking exclusive to building
  • New standing seam metal roof

OVERVIEW

DESIRABLE MEDICAL SECTOR PASSIVE INVESTMENT. Prime NNN lease investment property 100% leased to two established national/regional medical tenants. Both 10 year leases with options. Both serve the aging demographics with services covered primarily by Medicare. Both newly renovated spaces by tenants, spent estimated $400 psf in TI. All new roof, plumbing, electric, landscaping, irrigation and newy code compliant. Professional CPM property management in place at cost passed through to tenants.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$581 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Medical Office Space

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

Commercial

APN/PARCEL ID

07-11-31-7025-000C0-0130

ASK ABOUT THIS PROPERTY

Sarah Vandagriff, CPMVanguard Property Services LLCMore Info
386-451-5435

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Sarah Vandagriff, CPMVanguard Property Services LLCMore Info
386-451-5435

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