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186 Talbot St S 20,000 SF 100% Leased Office Building Essex, ON N8M 1B6 For Sale 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Solid turn-key investment of a stable asset class.
- 2018 upgrades of both the HVAC and roof.
- Ample parking.
- Medical-use office building located near Windsor, ON.
- Close to Highway 401 & strategically located in central Essex County.
- Fully Leased.
EXECUTIVE SUMMARY
A solid turn-key investment in a reliable asset with a cap rate of approximately 6%. The Essex Medical Centre is a fully leased 20,000 square foot medical office building sitting on 1.73 acres of land (MPAC). Well maintained with complete renovation and systems upgrade in 2018. The medical office building is extremely well located within a 10 minute drive to Highway 401 in the centre of Essex County, serving Essex, Windsor, LaSalle, Amherstburg, Leamington, Kingsville, Lakeshore, and Harrow. The population of Essex County is estimated to be 430,000 (2021 census).
The Essex Medical Centre provides comprehensive healthcare including: Walk-in clinic, Pharmacy, Lab, Diagnostics Imaging (X-ray, Ultrasound),Cardiologist, Hearing Centre, Physiotherapy, Dentist, Family Practices, Nurse Practitioner.
Recent Upgrade: Key FOB entry system, tenant hydro metering system, roof (2018), HVAC (2018)
Please contact Listing Agent for package.
The Essex Medical Centre provides comprehensive healthcare including: Walk-in clinic, Pharmacy, Lab, Diagnostics Imaging (X-ray, Ultrasound),Cardiologist, Hearing Centre, Physiotherapy, Dentist, Family Practices, Nurse Practitioner.
Recent Upgrade: Key FOB entry system, tenant hydro metering system, roof (2018), HVAC (2018)
Please contact Listing Agent for package.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
A
Year Built
2018
Cap Rate
6%
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.27
Lot Size
1.73 AC
Zoning
Commercial/Institutional
Walk Score®
Very Walkable (70)
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186 Talbot St S
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