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7.75% Cap | 10Yr MOB | New HVAC Units 1400 Main St

4,205 SF Office Building Chipley, FL 32428 $1,437,721 ($341.91/SF) 7.75% Cap Rate

Medical Offices Florida Chipley 1400 Main St, Chipley, FL 32428

INVESTMENT HIGHLIGHTS

  • Passive Income - Secure long-term predictable income with this NN lease. Ideal for out of state investors or those seeking more passive income.
  • Regional PE-backed Operator - EyeSouth Partners is backed by Oplympus Partners which has over $8.5B assets under management.
  • Growing Income - Maintain continued growth of your investment dollars with annual 2% increases, hedging against inflation.
  • Hospital Adjacent - Northest Florida Community Hospital is a 59-bed hospital just 1/4 mile from this property.
  • Largest Ophthalmology Group - EyeSouth Partners has a unique demand being the largest ophthalmology group in the county.
  • Easily Accessible - This site is outparceled to a strip center, seated on the main road connecting downtown Chipley with Hwy 10.

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License No. CQ1066435(FL)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,205 SF
Building Class
B
Year Built
2009
Price
$1,437,721
Price Per SF
$341.91
Cap Rate
7.75%
NOI
$111,423
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,205 SF
Building FAR
0.13
Lot Size
0.73 AC
Zoning
Commercial - Professional Medical Bldg

LINKS

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PROPERTY TAXES

Parcel Number 00000000-00-2218-0026 Improvements Assessment $247,123
Land Assessment $75,235 Total Assessment $322,358

PROPERTY TAXES

Parcel Number
00000000-00-2218-0026
Land Assessment
$75,235
Improvements Assessment
$247,123
Total Assessment
$322,358
(470) 242-0547

CONTACTS

  • Listing ID: 32464372

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 1400 Main St, Chipley, FL 32428

More public record information on 1400 Main St, Chipley, FL 32428

The Office Property at 1400 Main St, Chipley, FL 32428 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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7.75% Cap | 10Yr MOB | New HVAC Units | 1400 Main St
(470) 242-0547 x

7.75% Cap | 10Yr MOB | New HVAC Units | 1400 Main St

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Ryan Burke

(470) 242-0547

(470) 242-0547

Rahul Chhajed

(818) 434-1106

(818) 434-1106

Michael Moreno

(949) 432-4511

(949) 432-4511

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