Log In/Sign Up
Your email has been sent.
6 Property Medical Office Portfolio 5402 W Market St 6,436 SF Retail Building Greensboro, NC 27409 $15,600,000 ($2,423.87/SF) 6.05% Cap Rate
Executive Summary
? Six (6) Net Leased Medical Office Properties Portfolio with Strong Tenants
? 6.62% Cash-on-Cash Return with Existing Loan in Place
? Assumable Loan with an Interest Rate of 3.92% and a Remaining Balance of $9,338,500 | 30 Year Amortization Loan Maturing on 10/08/2031
? Weighted Average Lease Term of ±5.65 Years (Centura Health Site Has ±11.4 Years Remaining)
? Attractive Rental Increases Across All Properties
? Corporately Guaranteed by Large and Renowned Health Care Companies
? 6.62% Cash-on-Cash Return with Existing Loan in Place
? Assumable Loan with an Interest Rate of 3.92% and a Remaining Balance of $9,338,500 | 30 Year Amortization Loan Maturing on 10/08/2031
? Weighted Average Lease Term of ±5.65 Years (Centura Health Site Has ±11.4 Years Remaining)
? Attractive Rental Increases Across All Properties
? Corporately Guaranteed by Large and Renowned Health Care Companies
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,436 SF
Building Class
B
Year Built/Renovated
1990/1998
Price
$15,600,000
Price Per SF
$2,423.87
Cap Rate
6.05%
NOI
$944,425
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.93 AC
Zoning
C-M - Commercial - medical office
Parking
35 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 0042161 | Improvements Assessment | $788,900 |
| Land Assessment | $1,711,900 | Total Assessment | $2,500,800 |
Property Taxes
Parcel Number
0042161
Land Assessment
$1,711,900
Improvements Assessment
$788,900
Total Assessment
$2,500,800
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
6 Property Medical Office Portfolio | 5402 W Market St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.