SIGNIFICANT CAPITAL IMPROVEMENTS – Over the last five years, ownership has installed a new TPO roof with 20-year warranty as well as Solar Panels, providing new ownership with reduced heating and cooling loads by 20% and annual estimated savings over $12,000 per year.
STRONG TENANT MIX – The asset is comprised of local, regional and national healthcare tenants providing a synergistic mix of complementary tenants.
LARGE PARCEL – The asset sits on ±3.20 AC, providing ample parking (185+ Spots) and long term viability to continue to operate at full capacity as a strong medical facility.
DOUBLE DIGIT CAP RATE – The property is being offered for sale at an in place 10% cap rate, providing an investor with a double digit return potential day one.
TURN KEY ASSET – Ownership has spent in excess of a million dollars in renovations to create a premier health care asset. New ownership will benefit from the significant capital expenditures and improvements made to the property that will continue to drive value and retain tenancy.