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2900 N Military Trl - Twin Lakes 3,503 SF Office/Medical Condo Unit Offered at $1,900,000 in Boca Raton, FL 33431
Investment Highlights
- True Triple-Net leased.
- No landlord responsibility.
- 7.24% cap rate.
Property Facts
| Total Building Size | 96,626 SF | Typical Floor Size | 96,626 SF |
| Property Type | Office (Condo) | Year Built | 1985 |
| Property Subtype | Medical | Lot Size | 6.10 AC |
| Building Class | B | Parking Ratio | 3.44/1,000 SF |
| Floors | 1 | ||
| Zoning | PO&I, Boca Raton - POI | ||
| Total Building Size | 96,626 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 96,626 SF |
| Year Built | 1985 |
| Lot Size | 6.10 AC |
| Parking Ratio | 3.44/1,000 SF |
| Zoning | PO&I, Boca Raton - POI |
Amenities
- Atrium
- Property Manager on Site
- Air Conditioning
1 Unit Available
Unit 246 & 247
| Unit Size | 3,503 SF | Sale Type | Investment |
| Price | $1,900,000 | Cap Rate | 7.24% |
| Price Per SF | $542.39 | NOI | $137,560 |
| Condo Use | Office/Medical | APN/Parcel ID | 06-42-47-13-02-000-2460, 06-42-47-13-02-000-2470 |
| Unit Size | 3,503 SF |
| Price | $1,900,000 |
| Price Per SF | $542.39 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 7.24% |
| NOI | $137,560 |
| APN/Parcel ID | 06-42-47-13-02-000-2460, 06-42-47-13-02-000-2470 |
Description
2 medical condos for sale together.
Sale Notes
Through Triple-Net leased.
7.24% cap rate.
No landlord responsibility.
Prime investment opportunities.
Great location on Military Trail in Boca Raton.
2 medical condos for sale together.
10 years lease (commencement date December 2020.
Remaining 6 years for both suites.
Great 2 medical tenants operating in 2 suites.
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2900 N Military Trl - Twin Lakes
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