6938 Medical View Lane

    Zephyrhills, FL 33542
    • $870,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: E2205738
    UPDATED: 74 min ago
    $870,000
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $193
      $/SQFT
    Type:
    Multi-Family
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Listing information courtesy of Bingham Realty, Inc..

    Description

    BEAUTIFUL PROFESSIONAL OFFICE BUILDING WITH TWO STRONG INCOME A+ RATED TENANTS OFFERED AT AN APPROXIMATE 9.5% CAP RATE!!! THIS 4,500 SQ FT 2006 CONCRETE BLOCK CONSTRUCTED CONTEMPORARY PROFESSIONAL COMMERCIAL BUILDING IN THE DAUGHTERY RD PROFESSIONAL PARK CONSISTS OF TWO IDENTICAL SIZE UNITS (2,250 SQ FT EACH UNIT) WITH A SOLID NOI IN A COMBINATION OF FULL SERVICE AND NNN LEASES. MEDICAL BASED TENANTS WITH SIGNIFICANT BUILDOUT INVESTMENTS IN EACH SITE. TENANT "A HAS APPROXIMATELY 2 YRS REMAINING WITH OPTIONS TO EXTEND THROUGH THE END OF DECEMBER 2021. TENANT "B EXTENSIONS CURRENTLY BEING NEGOTIATED TO EXTEND THROUGH APRIL 2021. UNITS ARE IN EXCELLENT CONDITION WITH PLUMBING AND CABINETRY IN PLACE. PARKING LOT HAS BEEN FRESHLY RESTRIPED AND SEALED, AND INTERIOR OF UNITS HAVE BEEN RECENTLY PAINTED. THE OFFICE PARK OFFERS TWO MONUMENT SIGNS WITH RIGHTS FOR ALL TENANTS. LOW PARK HOA FEES OF ONLY $100 PER MONTH. THE PROFESSIONAL PARK IS 100% OCCUPIED AND PROFESSIONALLY MANAGED MAINTAINING STRENGTH AND INTEGRITY FOR INVESTORS & OWNERS. EXCELLENT LOCATION ADJACENT TO FLORIDA HOSPITAL ZEPHYRHILLS. MORE DETAILED INFORMATION AVAILABLE UPON EXECUTION OF CONFIDENTIALITY AGREEMENT. SHOWN BY AFTER-HOURS APPOINTMENTS ONLY. BEING OFFERED AT $870,000. **ADJACENT 4,500 SQ FT BUILDING ALSO FOR SALE AS A SEPERATE OFFERING - SALE OF TWO BUILDINGS CAN BE PACKAGED SIMULTANEOUSLY - CALL FOR MORE DETAILS** 1031 EXCHANGES AND FINANCING OFFERS WILL BE CONSIDERED. CALL TODAY!

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-21T08:40:30.883.
    www.michellechenault.com/homes/80354859

    6938 Medical View Lane Zephyrhills, FL 33542

    • Price: $870,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: E2205738
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    4,500
    SQFT
    $193
    $/SQFT
    2006
    Built
    Neighborhood:
    Daughtery Road Professional Center 03
    County:
    Pasco
    Area:
    Zephyrhills
    Property Description
    BEAUTIFUL PROFESSIONAL OFFICE BUILDING WITH TWO STRONG INCOME A+ RATED TENANTS OFFERED AT AN APPROXIMATE 9.5% CAP RATE!!! THIS 4,500 SQ FT 2006 CONCRETE BLOCK CONSTRUCTED CONTEMPORARY PROFESSIONAL COMMERCIAL BUILDING IN THE DAUGHTERY RD PROFESSIONAL PARK CONSISTS OF TWO IDENTICAL SIZE UNITS (2,250 SQ FT EACH UNIT) WITH A SOLID NOI IN A COMBINATION OF FULL SERVICE AND NNN LEASES. MEDICAL BASED TENANTS WITH SIGNIFICANT BUILDOUT INVESTMENTS IN EACH SITE. TENANT "A HAS APPROXIMATELY 2 YRS REMAINING WITH OPTIONS TO EXTEND THROUGH THE END OF DECEMBER 2021. TENANT "B EXTENSIONS CURRENTLY BEING NEGOTIATED TO EXTEND THROUGH APRIL 2021. UNITS ARE IN EXCELLENT CONDITION WITH PLUMBING AND CABINETRY IN PLACE. PARKING LOT HAS BEEN FRESHLY RESTRIPED AND SEALED, AND INTERIOR OF UNITS HAVE BEEN RECENTLY PAINTED. THE OFFICE PARK OFFERS TWO MONUMENT SIGNS WITH RIGHTS FOR ALL TENANTS. LOW PARK HOA FEES OF ONLY $100 PER MONTH. THE PROFESSIONAL PARK IS 100% OCCUPIED AND PROFESSIONALLY MANAGED MAINTAINING STRENGTH AND INTEGRITY FOR INVESTORS & OWNERS. EXCELLENT LOCATION ADJACENT TO FLORIDA HOSPITAL ZEPHYRHILLS. MORE DETAILED INFORMATION AVAILABLE UPON EXECUTION OF CONFIDENTIALITY AGREEMENT. SHOWN BY AFTER-HOURS APPOINTMENTS ONLY. BEING OFFERED AT $870,000. **ADJACENT 4,500 SQ FT BUILDING ALSO FOR SALE AS A SEPERATE OFFERING - SALE OF TWO BUILDINGS CAN BE PACKAGED SIMULTANEOUSLY - CALL FOR MORE DETAILS** 1031 EXCHANGES AND FINANCING OFFERS WILL BE CONSIDERED. CALL TODAY!
    Exterior Features

    Architectural Style Other Exterior Construction BlockStucco Exterior Features Oak TreesTrees/Landscaped Front Exposure West Garage Carport None Garage Features Open Parking Location Close To Bus LineIn City LimitsStreet Paved Lot Dimensions 165X145 Pool None Property Description 1 Level Property Style Duplex Roof Shingle Sidewalk Yes Total Acreage 1/2 Acre To 1 Acre Water Access YN No Water Frontage YN No Water View YN No Waterfront Feet 0

    Interior Features

    Air Conditioning Central Heating And Fuel Central

    Property Features

    Additional Parcel YN No Auction YN No Cdd YN No Community Features Deed Restrictions Efficiencies Units 2 Efficiency Avg Rent 41339 Financing Available CashConventionalExchange/TradeOther Flood Zone Code X Hoa Comm Association Required Hoa Fee 1200.00 Hoa Payment Schedule Annual Housing For Older Persons N/A Internet YN Yes Lease Terms 3 To 5 Years Lot Number 7 Monthly Hoa Amount 100.00 New Construction No Pet Restrictions Service Animals Only Pet Restrictions YN Yes Pets Allowed YN Yes Realtor Info No Sign Special Sale Provision None Sq Ft Source Public Records Tax Year 2017 Taxes 8476 Utilities Bb/Hs Internet AvailCable ConnectedCity WaterFire HydrantPublic UtilitiesUnderground Zoning Op

    Listing information courtesy of Bingham Realty, Inc..
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-21T08:40:30.883.
    Chenault Group
    468 Mandalay Ave.
    Clearwater Beach FL, 33767
    Listing information courtesy of Bingham Realty, Inc..