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3683 Ohio River Rd 5,508 SF Office Building Point Pleasant, WV 25550 $1,819,158 CAD ($330.28 CAD/SF) 6.75% Cap Rate

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INVESTMENT HIGHLIGHTS

Building is near the new Nucor site

EXECUTIVE SUMMARY

Tenant has vacated the building but is committed through 8/31/28 with 2% rent increases and is NN lease. Owner is responsible for the structure and the parking lot, tenant cover all other expenses. The annual increases are as follows:
9/1/22-8/31/23 is $88,740.00
9/1/23-8/31/24 is $90,514.80
9/1/24-8/31/25 is $92,325.10
9/1/25-8/31/26 is $94,171.60
9/1/26-8/31/27 is $96,055.03
9/1/27-8/31/28 is $97,976.13

FINANCIAL SUMMARY (ACTUAL - 2022)	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$122,762	$22.29
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$122,762	$22.29
Net Operating Income	-	-

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income (CAD)
Annual	$122,762
Annual Per SF	$22.29

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$122,762
Annual Per SF	$22.29

Net Operating Income (CAD)
Annual	-
Annual Per SF	-

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Medical

Building Size

5,508 SF

Building Class

Year Built

2007

Price

$1,819,158 CAD

Price Per SF

$330.28 CAD

Cap Rate

6.75%

NOI

$122,762 CAD

Tenancy

Single

Building Height

1 Story

Typical Floor Size

5,508 SF

Building FAR

0.10

Lot Size

1.21 AC

Zoning

Parking

39 Spaces (7.08 Spaces per 1,000 SF Leased)

24 Hour Access
Security System

Central Heating

Plug & Play

Air Conditioning

MAJOR TENANTS

Health Care and Social Assistance
5,508 SF
$20.78 CAD
Triple Net
Aug 2028

Chez DaVita, ils sont déterminés à offrir des soins différentiels, équitables et holistiques à leurs patients tout au long de leur parcours de maladie rénale. DaVita est guidée par sa mission — devenir le fournisseur, le partenaire et l'employeur de choix — et par un ensemble de valeurs fondamentales — excellence du service, intégrité, équipe, amélioration continue, responsabilisation, exécution et amusement — qui sont renforcées à tous les niveaux de l'organisation. Ils s'engagent à appliquer des politiques et des pratiques solides en matière de gouvernance d'entreprise, ainsi qu'à respecter les lois fédérales et étatiques.