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2900 N Military Trl - Twin Lakes 3,503 SF Office/Medical Condo Unit Offered at $2,650,880 CAD in Boca Raton, FL 33431

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INVESTMENT HIGHLIGHTS

  • True Triple-Net leased.
  • No landlord responsibility.
  • 7.24% cap rate.

PROPERTY FACTS

Total Building Size 96,626 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 96,626 SF
Year Built 1985
Lot Size 6.10 AC
Parking Ratio 3.44/1,000 SF
Zoning PO&I, Boca Raton - POI

AMENITIES

  • Atrium
  • Property Manager on Site
  • Air Conditioning

1 UNIT AVAILABLE

Unit 246 & 247

Unit Size 3,503 SF
Price $2,650,880 CAD
Price Per SF $756.75 CAD
Condo Use Office/Medical
Sale Type Investment
Cap Rate 7.24%
NOI $191,923.71 CAD
APN/Parcel ID 06-42-47-13-02-000-2460, 06-42-47-13-02-000-2470
DESCRIPTION

2 medical condos for sale together.

SALE NOTES

Through Triple-Net leased.
7.24% cap rate.
No landlord responsibility.
Prime investment opportunities.
Great location on Military Trail in Boca Raton.
2 medical condos for sale together.  
10 years lease (commencement date December 2020.
Remaining 6 years for both suites.
Great 2 medical tenants operating in 2 suites.

  • Listing ID: 33121058

  • Date on Market: 2024-09-10

  • Last Updated:

  • Address: 2900 N Military Trl, Boca Raton, FL 33431

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