Palm Coast Medical Plaza | Triple Net (NNN) Leases

$11,517,285

57 Town Court, Palm Coast, FL 32164

For Sale

Office Medical

Active

Last Updated: 01/28/2021

Details:

Cap Rate: 7%

NOI: $806,210

Building Size: 27,310 sqft

Lot Area: 2.47 acres

Lease Type: Triple Net

Year Built: 2008

Price Per Sqft: $421.72

Highlights:

100% Occupied Medical Office Building With Triple Net (NNN) Leases
Anchored By a Corporate Guaranteed DaVita Dialysis on a Brand New 11 Year Lease
All Tenants Have Renewed or Signed Within the Past 18 Months, Showing a Long Term Commitment to the Site
Internet Resistant Tenants
Zero Deferred Maintenance
Less Than 1-Mile From the Advent Health Hospital
Situated Adjacent to an Assisted Living Facility Which is Home to Over 200 Residents
Conveniently Located Off Interstate 95, Which Sees Over 74,800 VPD
The Average Household Income is $67,626 Within a 3-Mile Radius and $74,229 Within a 5-Mile Radius
Palm Coast is Located 30-Miles From Daytona Beach, FL
Nearby Tenants Include: Publix, CVS Pharmacy, Dollar General, Chipotle, Panera Bread, Target, Taco Bell, Ross, Starbucks, Wells Fargo and More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 27,310 SF Palm Coast Medical Plaza in Palm Coast, FL. This Opportunity Includes a 100% Occupied Medical Office Building With Triple Net (NNN) Leases. The Building is Anchored By a Brand New 11 Year DaVita Dialysis Lease.

In Cooperation With SIG RE Services, LLC – Lic. # CQ1055229

Map:

Documents:

	Title
	OM	View View Document

* Documents permissions are set by the listing owner, request information to access locked documents.