Log In/Sign Up
Your email has been sent.
Bartow Medical Office Building 2020 Flamingo Dr 6,381 SF Office Building Bartow, FL 33830 $2,582,452 CAD ($404.71 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New Roof to be installed at Occupancy
- Single Tenant or Two Tenant Layout proposed - See Matterport Layout
- 9 Exam Rooms with sinks | 5 Private Offices | Blood Laboratories | 2 Nurse Stations | Large Waiting Area
- Other Possible uses include Charter School, Daycare, Legal or Insurance Offices
- Class " A " 2nd Generation Medical Building with extensive medical related renovations
- Break Rooms | Large Training Room | 4 Restrooms | 2 Storage Rooms.
EXECUTIVE SUMMARY
A stable, long-term investment opportunity: This medical office building, leased to a national corporate tenant under a new 7-year NNN lease, is located on a 0.95-acre lot near Bartow Regional Medical Center and Watson Clinic. The property features a strong initial NOI with rent escalations and renewal options, and recent capital improvements (approx. $300k in tenant improvements) including a new roof, HVAC systems, fire suppression system, and alarm system.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,381 SF
Building Class
C
Year Built/Renovated
1980/2012
Price
$2,582,452 CAD
Price Per SF
$404.71 CAD
Cap Rate
6.25%
NOI
$161,403 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,381 SF
Building FAR
0.15
Lot Size
0.95 AC
Zoning
Commercial
Parking
25 Spaces (5.33 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Natural Light
- Partitioned Offices
- Reception
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 25-30-04-364500-008090 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $754,346 CAD |
PROPERTY TAXES
Parcel Number
25-30-04-364500-008090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$754,346 CAD
1 of 20
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Bartow Medical Office Building | 2020 Flamingo Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.