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492 Old Town Rd 5,863 SF 100% Leased Office Building Port Jefferson Station, NY 11776 $3,118,843 CAD ($531.95 CAD/SF) 7.50% Cap Rate
Executive Summary
Single-Tenant Net-Leased Medical Office Asset
Approximately Four Years Remaining on Current Lease Term
Purpose-Built ±5,000 SF Dental Facility Across Two Floors with
Basement Space
Triple-Net (NNN) Lease Offering Minimal Landlord Responsibilities
Three Percent Annual Rent Increases Providing Built-In Income Growth
Dental Industry Expenditures Exceed $174 Billion Nationally
Approximately Four Years Remaining on Current Lease Term
Purpose-Built ±5,000 SF Dental Facility Across Two Floors with
Basement Space
Triple-Net (NNN) Lease Offering Minimal Landlord Responsibilities
Three Percent Annual Rent Increases Providing Built-In Income Growth
Dental Industry Expenditures Exceed $174 Billion Nationally
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Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,863 SF
Building Class
C
Year Built
1964
Price
$3,118,843 CAD
Price Per SF
$531.95 CAD
Cap Rate
7.50%
NOI
$233,916 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,931 SF
Building FAR
0.25
Lot Size
0.54 AC
1 1
Property Taxes
| Parcel Number | 0200-253-00-02-00-002-000 | Improvements Assessment | $6,835 CAD |
| Land Assessment | $684 CAD | Total Assessment | $7,519 CAD |
Property Taxes
Parcel Number
0200-253-00-02-00-002-000
Land Assessment
$684 CAD
Improvements Assessment
$6,835 CAD
Total Assessment
$7,519 CAD
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492 Old Town Rd
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