701 E Roosevelt Blvd - Medical FOR SALE


Monroe, NC 28112
$1,625,202 USD
704-882-1700
701 E Roosevelt Blvd, Monroe, NC for Sale
$1,625,202 USD
Medical - FOR SALE
1/11
null | 6.5% Cap Rate

701 E Roosevelt Blvd
Monroe, NC 28112


OVERVIEW

Fully Leased Medical Office building For Sale. 3 tenants, 2 of which are brand new 5 year leases - both undergoing renovation for the new leases. Ideal for an investor being located in an Opportunity Zone. Please see flyer for more info on Opportunity Zones. Suite A is leased to Pinnacle Dermatology. Suite B is leased to Cardinal Hospice Care and Suite C is leased to Richardson Counseling. Suite B and Suite C are both brand new 5 year leases. This property is located in an existing medical park directly across Hwy 74 from Atrium Hospital Monroe.

FOR SALE DETAILS

PRICE

$1,625,202 USD

PRICE/SF

$249 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased - Medical/Office Investment Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

09-156-015-B

ASK ABOUT THIS PROPERTY

Isaac HarrowThe Moser Group, Inc.More Info
704-882-1700

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Isaac HarrowThe Moser Group, Inc.More Info
704-882-1700

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