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Perimeter Park Medical Building 440 SW Perimeter Glen 4,315 SF Office Building Lake City, FL 32025 $770,000 ($178.45/SF) 9.44% Cap Rate



EXECUTIVE SUMMARY
This 4,315 square foot office suite nestled within the prominent Perimeter Park presents an excellent space for a wide range of businesses including medical or dental services, health-related services, spas, business services and more, ensuring versatility to accommodate various business needs and opportunities. This office park enjoys both visibility and privacy, perfect for an owner occupant or an investor looking for a steady stream of possible tenants and stable rental income. Located right off of SR 47 in Lake City it offers convenient access to I-75 and the major thoroughfares and business districts as well as being only about 45 minutes from Gainesville. The office is comprised of 10 patient rooms, 1 procedure room, 1 post op room, 3 private offices, a large reception/administrative hub with 3 offices, 3 private restrooms, a break room with a kitchen, multiple storage closets and ample parking which enhances its attractiveness to tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,315 SF
Building Class
B
Year Built
2004
Price
$770,000
Price Per SF
$178.45
Cap Rate
9.44%
NOI
$72,726
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,315 SF
Building FAR
0.13
Lot Size
0.77 AC
Zoning
CI
Parking
25 Spaces (5.79 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 07-4S-17-08122-206 | Improvements Assessment | $405,655 |
| Land Assessment | $92,595 | Total Assessment | $498,250 |
PROPERTY TAXES
Parcel Number
07-4S-17-08122-206
Land Assessment
$92,595
Improvements Assessment
$405,655
Total Assessment
$498,250
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Perimeter Park Medical Building | 440 SW Perimeter Glen
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