4 buildings property portfolio · 12/4/2016 · 28,980-square-foot nissan dealership situated on...
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4 Buildings Property Portfolio
Multiple Tenant Investment Opportunity Price: $13,335,000Cap Rate: 6.91%23715 Little MackSaint Clair Shores, MI 48080
10437 Moss Park RoadOrlando, FL 34832
665 Ohio Pike Road,Cincinnati, OH 45245
4515 Clinton Highway., Knoxville, TN
O F F I C E P R O P E R T Y F O R S A L E
23715 LITTLE MACK23715 LITTLE MACK, SAINT CLAIR SHORES, MI // EXECUTIVE SUMMARY
Paul Schafranick
FOR MORE INFORMATION CONTACT:
[email protected] (C) 561.255.72851800 S. Australian Ave Ste. 300 West Palm Beach, FL 33409
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may notrepresent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
PROPERTY OVERVIEW
Investment opportunity. 100% occupied by William Beaumont Hospital. Very wellmaintained 11,501 SF professional building located in the heart of St. Clair Shores.Renovated in 2014.
PROPERTY HIGHLIGHTS
• Potential investment return in excess of 14%
• Single tenant investment with NNN lease
• 85 car shared parking lot
• New 5 year lease in 2014 with two (2) renewable options
OFFERING SUMMARY
Sale Price: Include in Price
Cap Rate: See Above
NOI: $192,864
Lot Size: 1.4 Acres
Building Size: 11,501 SF
Building Class: B
Year Built: 1996
Zoning: B-2
Cross Streets: Little Mack Avenue &North of Harper Ave
O F F I C E P R O P E R T Y F O R S A L E
10437 Moss Park Road Orlando, Florida 34832
// EXECUTIVE SUMMARY
Paul Schafranick
FOR MORE INFORMATION CONTACT:
[email protected] (C) 561.255.72851800 S. Australian Ave Ste. 300 West Palm Beach, FL 33409
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may notrepresent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
PROPERTY OVERVIEWOFFERING SUMMARY
Sale Price: Included In Price
Cap Rate: See Above
NOI: $222,671
Lot Size:
Building Size:
0.91 Acres
6,400 SF
Building Class: A
Year Built:
Zoning:
Cross Streets:
2007
PD
Moss Park and Hwy
417
Prime Medical City location with just across Hwy 417 from Medical City. Only medical building on Moss Park Drive leading to densely populated high end residential, retail, and office. Anchored by credit tenant Quest Diagnostics. The two smaller space tenants are gross leases with expenses factored into the NOI.
Location Across the street from Lake Nona Country Club 3 miles from Medical City which is a 650-acre health and life sciences park known as landmark for Orlando and a premier location formedical care, research and education. Carefully planned and laid out, Lake Nona Medical Cityrepresents a deliberate strategy to create a centralized focus of sophisticated medical treatment,research and education in Central Florida.
Based on the proven theory that a cluster of healthcare and bioscience facilities in proximity to one another will accelerate innovation, this intellectual hub opened in a coordinated fashion with a collaborative mission. In the next decade, Lake Nona Medical City will be home to some of the nation’s top hospitals, universities, research institutions and life science companies. But already, the Medical City’s pioneering institutions are forming networks and synergies making Orlando a global destination for health care, research and medical education while creating an economic development and job creation engine for the region.
O F F I C E P R O P E R T Y F O R S A L E
665 Ohio Pike RoadCincinnati, OH 45245
// EXECUTIVE SUMMARY
Paul Schafranick
FOR MORE INFORMATION CONTACT:
[email protected] (C) 561.255.72851800 S. Australian Ave Ste. 300 West Palm Beach, FL 33409
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may notrepresent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
PROPERTY OVERVIEWOFFERING SUMMARY
Sale Price: Included in Price
Cap Rate: See Above
NOI: $169,491
Lot Size: Acres
Building Size: 11,653SF
Building Class: B
Year Built:
Zoning:
Cross Streets:
2001
B-1
Ohio Pike & Britton Rd
Great investment opportunity. Modified NNN Lease with10+ years to credit worthy tenant. $14.54/s/f lease.Less than 1/2 mile from I275 at Beechmont Exit andgreat visibility from road with traffic light access atBritton Rd. Zoned B1 Business.
Easy I275 AccessCAP Rate 6.5%Zoned B1 BusinessModified NNN Lease with 10+yearsMedical Tenant
O F F I C E P R O P E R T Y F O R S A L E
// EXECUTIVE SUMMARY
Paul Schafranick
FOR MORE INFORMATION CONTACT:
[email protected] (C) 561.255.72851800 S. Australian Ave Ste. 300 West Palm Beach, FL 33409
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may notrepresent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
PROPERTY OVERVIEW
28,980-square-foot Nissan dealership situated on 5.72 acres in Knoxville, Tennessee. Fenton Nissan recently signed a 10-year lease and has ±8.3 years remaining with three 3-year options to renew. The property is ideally positioned with excellent frontage on Clinton Highway (Traffic Count: 25,841 VPD), about a half-mile from the junction of I-75 and I-640 (Combined Traffic Count: 158,372 VPD). The location also benefits from its location within a cluster of other auto dealerships near one of the city' s primary commercial and residential corridors with 5.2 MSF of retail, 3.2 MSF of office, 8.5 MSF of industrial and 6,811 multifamily housing units within a 3-mile radius. Other major retailers with a presence in the immediate area include Ingles, CVS, Walgreens, Advance Auto Parts, O' Reilly Auto Parts, NAPA Auto Parts, Dollar General, Family Dollar, Sprint, Food City, Ace Hardware, SunTrust Bank, BB&T, Red Lobster, Outback Steakhouse, Cracker Barrel, Applebee' s, IHOP, McDonald' s, Burger King, Arby' s, Jimmy John' s, Waffle House and Starbucks among many others. The property is just 5 miles from the University of Tennessee (Enrollment: 27,845), and benefits from strong demographics
OFFERING SUMMARY
Sale Price: Included in Price
Cap Rate: See Above
NOI: $336,000
Lot Size: .07Acres
Building Size: 28,980 SF
Building Class: B
Year Built:
Zoning:
Cross Streets:
B-2
Clinton Highway
4515 Clinton Highway
Knoxville, TN 37912