4800 Park Blvd N - Medical FOR SALE


Pinellas Park, FL 33781
$6,500,000 USD
267-847-4766
4800 Park Blvd N, Pinellas Park, FL for Sale
$6,500,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

4800 Park Blvd N
Pinellas Park, FL 33781


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities
  • Original Twenty (20)-Year Lease | Approximately 2.3 Years Remaining
  • Three Percent (3.00%) Rental Increases Annually | Two (2), Five (5)-Year Options Remaining
  • Large Pylon Sign Along Park Blvd | Adjacent To SimonMed Imaging Center | Access Point Via Park Blvd | Over48,760 Vehicles Per Day
  • 058-Acre Lot | Approximately 13,737-Square Foot Building | 37 Parking Spaces | Site Formerly Served Six (6) Tenants
  • Average Medical Office Rents Are $24.45/sf Within A 10-Mile Radius Of The Property (CoStar)

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a SimonMed Imaging located at 4800 Park Blvd, Pinellas Park, FL 33781. The site consists of roughly 8,094 rentable square feet of building space. This SimonMed Imaging is subject to a 20-year Triple Net (NNN) lease, which commenced 4/1/2007. The current annual rent is $174,000 and has scheduled increases of 3.00% annually. NNN Pro is pleased to present the exclusive listing for a vacant medical office building located at 4820 Park Blvd, Pinellas Park, FL 33781. The site consists of roughly 13,737 rentable square feet of building space on a 0.58-acre parcel of land.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SimonMed Imaging | Vacant Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

M-1

APN/PARCEL ID

28-30-16-00000-440-0200

ASK ABOUT THIS PROPERTY

Ryan DuffyNNN Pro GroupMore Info
267-847-4766

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Ryan DuffyNNN Pro GroupMore Info
267-847-4766

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