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27880 N Main St 20,360 SF 100% Leased Office Building Daphne, AL 36526 $2,159,000 ($106.04/SF) 7.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased medical office building for sale just south of I-10 in Daphne, Alabama
- Recent improvements include new roof (2017), resealed parking lot & exterior painting
- Tenants are Keller Williams, Grissom Endodontics, & Springhill Home Health
- Located off Hwy 98 just 1 mi south of I-10
EXECUTIVE SUMMARY
Fully-leased, income-producing, medical office building for sale in Daphne, Alabama. Located just off Highway 98, and only 1 mi from Interstate 10, this office building is located in the heart of Daphne. Constructed in 1995, and updated in 2017, this Class B office has been meticulously maintained. Tenants are Keller Williams Realty Alabama Gulf Coast, Grissom Endodontics, and Springhill Home Health and Hospice. Please inquire with broker for financials.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
20,360 SF
Building Class
B
Year Built/Renovated
1995/2017
Price
$2,159,000
Price Per SF
$106.04
Cap Rate
7.02%
NOI
$151,562
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,459 SF
Building FAR
0.52
Lot Size
0.90 AC
Zoning
B2 - Community Business District.
Parking
43 Spaces (4.55 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Central Heating
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 43-03-71-0-006-039.002 | Improvements Assessment | $212,540 |
| Land Assessment | $74,140 | Total Assessment | $286,680 |
PROPERTY TAXES
Parcel Number
43-03-71-0-006-039.002
Land Assessment
$74,140
Improvements Assessment
$212,540
Total Assessment
$286,680
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27880 N Main St
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