Description: Medical Office Investment Property with long term tenants in a very desirable demographic of sunny St. Petersburg, Florida.
* Attractive, well-maintained property with no deferred maintenance.
* Desirable demographic area with high average incomes and a dense population.
* Excellent location on a major North/South thoroughfare of St. Petersburg.
* High quality long term medical tenants with long term leases in place.
* True NNN leases for all tenants. • 11,300 SF building on a 0.80-acre lot.
* Excellent parking.
* High visibility with a large pylon sign.
* Offered at a 6.62% Cap Rate and a 9.21% IRR.
Features
Interior Features
Levels: 2
Taxes & Fees
Condo Fees
:
Not Available
Taxes:
Not Available
Monthly Rent:
Not Available
7601 Dr. Martin Luther King Jr Street N, St. Petersburg, FL, 33702 United States$3,200,000