22579 Depot St - Medical FOR SALE
Lexington, MS 39095 |
$1,025,000 USD
813-210-7741
22579 Depot St
Lexington, MS 39095
HIGHLIGHTS
- Longstanding Location for Tenant ( Tenant at Location Since 1993)
- Early Seven Year Lease Extension (7.75 Years of Lease Term Remaining with (three) five-year options)
- Annual Rental Increases (1.5% Annual Rental Increases Throughout Current Term and Extended Terms)
- Passive Triple Net Lease Structure (Tenant Responsible for Capital Expenditures)
- Certificate of Need State (High Barrier to Entry for Competition and Limited Potential to Relocate)
- 100% Market Share in Lexington, MS (Only Dialysis Clinic in 25 Mile Radius)
FOR SALE DETAILS
PRICE
$1,025,000 USD
PRICE/SF
$183 USD /SF
CAP RATE
7.27%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
050-16-03901
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813-210-7741
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813-210-7741
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