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505 NYS RTE 208
Monroe, NY 10950
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Highway access directly across the street
EXECUTIVE SUMMARY
-Presenting an exceptional opportunity to acquire a fully leased, triple net (NNN) investment property located at 505 Route 208, Monroe, NY. This property is currently occupied by Hudson Valley Radiology of RadNet Inc, a well-established leader in the medical imaging industry nationwide. Located across the street from Rt 17/86 entrance and backs up to a picturesque lake. 8 years left on the lease.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
29,915 SF
Building Class
B
Year Built
1980
Price
$3,788,950 CAD
Price Per SF
$126.66 CAD
Cap Rate
7.67%
NOI
$290,796 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,958 SF
Building FAR
0.34
Lot Size
2.00 AC
Zoning
GB - Medical Offices
Parking
192 Spaces (6.42 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 332089-064-000-0001-001.000-0011 | Improvements Assessment | $36,274 CAD |
| Land Assessment | $4,846 CAD | Total Assessment | $41,120 CAD |
PROPERTY TAXES
Parcel Number
332089-064-000-0001-001.000-0011
Land Assessment
$4,846 CAD
Improvements Assessment
$36,274 CAD
Total Assessment
$41,120 CAD
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