7601 Dr Martin Luther King Jr St N - Medical FOR SALE


Saint Petersburg, FL 33702- Fossil Park
$3,200,000 USD
727-421-3706
7601 Dr Martin Luther King Jr St N, Saint Petersburg, FL for Sale
$3,200,000 USD
Medical - FOR SALE
1/14
null | 6.62% Cap Rate

7601 Dr Martin Luther King Jr St N
Saint Petersburg, FL 33702
Fossil Park


HIGHLIGHTS

  • Attractive, well-maintained property with no deferred maintenance.
  • Desirable demographic area with high average incomes and a dense population.
  • Excellent location on a major North/South thoroughfare of St. Petersburg.
  • High quality long term medical tenants with long term leases in place.
  • True NNN leases for all tenants.
  • Excellent parking.

OVERVIEW

Medical Office Investment Property with long term tenants in a very desirable demographic of sunny St. Petersburg, Florida.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

6.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

CRS-1, St. Petersburg

APN/PARCEL ID

30-30-17-61515-001-0010

ASK ABOUT THIS PROPERTY

Buddy SauterBuddy Sauter & AssociatesMore Info
727-421-3706

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Buddy SauterBuddy Sauter & AssociatesMore Info
727-421-3706

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