5402 W Market St - Freestanding FOR SALE


Greensboro, NC 27409
$15,600,000 USD
513-300-0763
5402 W Market St, Greensboro, NC for Sale
$15,600,000 USD
Freestanding - FOR SALE
1/6
null | 6.05% Cap Rate

5402 W Market St
Greensboro, NC 27409


OVERVIEW

? Six (6) Net Leased Medical Office Properties Portfolio with Strong Tenants ? 6.62% Cash-on-Cash Return with Existing Loan in Place ? Assumable Loan with an Interest Rate of 3.92% and a Remaining Balance of $9,338,500 | 30 Year Amortization Loan Maturing on 10/08/2031 ? Weighted Average Lease Term of ±5.65 Years (Centura Health Site Has ±11.4 Years Remaining) ? Attractive Rental Increases Across All Properties ? Corporately Guaranteed by Large and Renowned Health Care Companies

FOR SALE DETAILS

PRICE

$15,600,000 USD

PRICE/SF

$2,424 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Property Medical Office Portfolio

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3.93 AC

LAND SF

171,191 SF

ZONING

C-M

APN/PARCEL ID

0042161

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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