15,000 Office Building
$2,750,000
2450 Old Moultrie Road, St. Augustine, FL 32086
For Sale
Office
Active
Last Updated: 05/31/2022
7
Cap Rate
191,561
NOI
Details:
Cap Rate: 7%
NOI: $191,561
Occupancy: 85%
Class: B
Year Built: 2002
Tenancy: Multiple
Floors: 3
Parking Spots: 50
Year Last Renovated: Painted in 2020
Construction Status: existing
Roof: barrel tile
Highlights:
- Perfect for investment or Owner User
- Very close proximity to Flagler Hospital
- Property maintained very well
- Property designed and owned by architect/owner David Mancino
- Very close to shopping and restaurants
Description:
Moultrie Place is 15,000 sf office Building and complex comprised of two buildings. This offering for purchase is a great return on investment with upside in the leases. Solid long term leases in place. Conveniently located near schools/universities and hospital with easy access to I-95. Located 1 block west of US 1 South and less than 1 mile south of State Road 312. Frontage on Old Moultrie Road. Perfect to convert to medical due to such close proximity to Flagler Hospital.
Location
Gallery
