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Wading River Medical Center 4 Office Properties Offered at $8,750,000 in Wading River, NY
Executive Summary
Ron Kleinberg of Tri-State Properties has been selected as the Exclusive selling broker to represent A2 6144 LLC in the disposition of Wading River Medical Center priced at $8,750,000 totaling 29,000 SF. The four one-story buildings are located at 6144 Route 25A, Wading River in Wading River, New York.
This is a well-established medical complex anchored by Northwell Health and Zwanger Pesiri, two highly recognized healthcare providers, with a strong roster of additional satellite medical tenants including Quest Diagnostics, Catholic Health, Optum, SALT Dental Partners.
-The medical center is 85% occupied
-The buildings are situated on 4.14 acres.
-Built-In Income Growth: annual rent increases during base and option periods provide an inflation hedge and long-term NOI growth.
-There are 180 open-air parking spaces.
-The four one-story brick buildings were built in 1985.
Property Tours will be available by appointment only.
Please contact Tri-State Properties, Exclusive Broker to schedule inspections.
Ron Kleinberg
Cell: (516) 818-5626
Email: rkleinberg@tri-stateproperties.net
This is a well-established medical complex anchored by Northwell Health and Zwanger Pesiri, two highly recognized healthcare providers, with a strong roster of additional satellite medical tenants including Quest Diagnostics, Catholic Health, Optum, SALT Dental Partners.
-The medical center is 85% occupied
-The buildings are situated on 4.14 acres.
-Built-In Income Growth: annual rent increases during base and option periods provide an inflation hedge and long-term NOI growth.
-There are 180 open-air parking spaces.
-The four one-story brick buildings were built in 1985.
Property Tours will be available by appointment only.
Please contact Tri-State Properties, Exclusive Broker to schedule inspections.
Ron Kleinberg
Cell: (516) 818-5626
Email: rkleinberg@tri-stateproperties.net
Property Facts
| Price | $8,750,000 | Number of Properties | 4 |
| Price / SF | $291.67 / SF | Individually For Sale | 0 |
| Cap Rate | 6.35% | Total Building Size | 30,000 SF |
| Sale Type | Investment | Total Land Area | 16.56 AC |
| Status | Active |
| Price | $8,750,000 |
| Price / SF | $291.67 / SF |
| Cap Rate | 6.35% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 30,000 SF |
| Total Land Area | 16.56 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg A
6144 Route 25A, Wading River, NY 11792 |
Office | 12,000 SF | 1985 | - |
|
Bldg C
6144 Route 25A, Wading River, NY 11792 |
Office | 11,000 SF | 1985 | - |
|
Bldg B
6144 Route 25A, Wading River, NY 11792 |
Office | 4,000 SF | 1985 | - |
|
Bldg D
6144 Route 25A, Wading River, NY 11792 |
Office | 3,000 SF | 1985 | - |
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Wading River Medical Center