2605 State st - Health Care FOR SALE
Olean, NY 14760 |
$593,254 USD
310-919-5839
2605 State st
Olean, NY 14760
HIGHLIGHTS
- Passive Income – Secure a mid-term, predictable income stream with the NN+ lease included in this property. This ‘hands-off’ approach is perfect
- Favored Product Type – Healthcare real estate offers numerous benefits and is increasingly recognized as a preferred investment compared to other asse
- Growing Income – Maintain continued growth of your investment dollars with the 2% annual increases through the base term and renewal options included
- Tenant Investment in Location – Medical practices rarely relocate due to the high costs of build-outs and the challenge of retaining patients after a
- High Traffic Counts & Strong Visibility – Located on high-trafficked W State St. that sees over 16,000 VPD, the subject property provides easy access
- Private Equity Backed – Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts
FOR SALE DETAILS
PRICE
$593,254 USD
PRICE/SF
$237 USD /SF
CAP RATE
9.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Private Equity Eye Care | 2% Annual Increases
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.25 AC
LAND SF
10,915 SF
ZONING
R3
APN/PARCEL ID
041200-094-062-0002-052-000-0000
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310-919-5839
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Please correct the highlighted field(s).
310-919-5839
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