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557 W Park Pl
Henderson, TN 38340
APEX CARDIOLOGY | 7.5% Cap | 10 Yr Abs NNN · Office Property For Sale
Investment Highlights
- Medical Office Building: Healthcare Real Estate has a strong reputation as a favorable asset due to the tenants’ tendency towards long-term lease.
- Advantageous Return: At a 7.50% return, this investment provides an attractive return which is necessary in today’s interest rate environment.
- Income Tax Free State: Tennessee is one of the nine states with no income taxes, making this asset highly favorable from increased.
- Annual Rental Increases: Maintain growth of your investment dollars by hedging against inflation with annual rental increases.
- Passive Ownership: Maintain a “hands-off” approach with the absolute NNN lease included with this asset.
- Easily Accessible: Apex Cardiology is easily accessible, just off US Route 45, with a ground level entrance and immediate parking.
Property Facts
Property Type
Office
Property Subtype
Building Size
4,336 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,336 SF
Building FAR
0.25
Lot Size
0.40 AC
Zoning
B1
Amenities
- Wheelchair Accessible
Property Taxes
| Parcel Number | 033O-B-009.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $96,240 |
Property Taxes
Parcel Number
033O-B-009.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$96,240
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