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3400 W Norfolk Ave - UNDER CONTRACT UNDER CONTRACT UNDER CONTRACT 11,008 SF Health Care Building Offered at $2,450,000 at a 8.76% Cap Rate in Norfolk, NE 68701
INVESTMENT HIGHLIGHTS
- Nicely renovated investment property
- Seven years remaining on NNN Lease
- Extra 1 acre parcel for added value
EXECUTIVE SUMMARY
Medical Investment Property For Sale
3400 W Norfolk Ave, Norfolk, NE
Very nice medical investment property
Great location on Hwy 275 in Northwest Norfolk
National credit tenant with 7 years left on base lease
Tenant has 2 additional 5-year options to extend lease
Quality property was remodeled by Chief Construction
Property has additional ground for added investment value
11,008 SF of medical office
2.488 Acres of ground with great access
Price: $2,450,000
3400 W Norfolk Ave, Norfolk, NE
Very nice medical investment property
Great location on Hwy 275 in Northwest Norfolk
National credit tenant with 7 years left on base lease
Tenant has 2 additional 5-year options to extend lease
Quality property was remodeled by Chief Construction
Property has additional ground for added investment value
11,008 SF of medical office
2.488 Acres of ground with great access
Price: $2,450,000
PROPERTY FACTS Under Contract
| Price | $2,450,000 | Lot Size | 2.48 AC |
| Price Per Bed | $2,450,000 | Building Size | 11,008 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 8.76% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1999 |
| Property Type | Health Care | Tenancy | Single |
| Property Subtype | Rehabilitation Center | Parking Ratio | 4.54/1,000 SF |
| Building Class | B | ||
| Zoning | 03 | ||
| Price | $2,450,000 |
| Price Per Bed | $2,450,000 |
| Sale Type | Investment |
| Cap Rate | 8.76% |
| Sale Condition | 1031 Exchange |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | B |
| Lot Size | 2.48 AC |
| Building Size | 11,008 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 4.54/1,000 SF |
| Zoning | 03 |
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PROPERTY TAXES
| Parcel Number | 590293346 | Improvements Assessment | $795,562 |
| Land Assessment | $604,438 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
590293346
Land Assessment
$604,438
Improvements Assessment
$795,562
Total Assessment
$1,400,000
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3400 W Norfolk Ave - UNDER CONTRACT UNDER CONTRACT UNDER CONTRACT
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