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MB2 Dental 1845 East West Pky 2,625 SF Office Building Fleming Island, FL 32003 $856,800 ($326.40/SF) 8.50% Cap Rate



Investment Highlights
- Healthcare Real Estate – Healthcare properties are highly sought after for their resistance e-commerce and resilience against economic downturns
- Strong Healthcare Corridor – The other condos in the office park are home to a diverse mix of different medical specialties
- Zero Income Tax – Florida has no state income tax
- Robust Retail Area – The adjacent retail corridor is home to dozens of national tenants, including Target, Walmart, Publix, and Home Depot
- High Traffic Area – The property sits right off of Hwy 17, which sees over 40,000 cars per day outside of the property
- $180 Billion Industry – Dentistry is one of the largest industries in medicine and grows by an average of 2.4% annually
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,625 SF
Building Class
B
Year Built
2008
Price
$856,800
Price Per SF
$326.40
Cap Rate
8.50%
NOI
$72,828
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,625 SF
Zoning
Commercial - Commercial
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Accent Lighting
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Air Conditioning
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Property Taxes
| Parcel Number | 05-05-26-014190-020-41 | Improvements Assessment | $0 |
| Land Assessment | $100 | Total Assessment | $100 |
Property Taxes
Parcel Number
05-05-26-014190-020-41
Land Assessment
$100
Improvements Assessment
$0
Total Assessment
$100
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MB2 Dental | 1845 East West Pky
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