It is an office building for sale in one of the cities in South-Eastern NYS.
Description
The total area of the two-storey building is 2044 m².
The plot of 22,137 m².
There is parking for 150 vehicles.
The property is fully leased out to several tenants.
Financial performance
Absolute income is 681,600 $.
The current yield of 8,5%.
Tenants
There are 10 tenants in total providing medical services in several specialties, such as cardiology, nephrology, pediatrics, physiotherapy, dentistry, etc.
WAULT of 10 years.
Location
The property is situated in the city with median household income of 80,000 $.
Population growth is 11% over the past 5 years.
