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186 Talbot St S

20,000 SF 100% Leased Office Building Essex, ON N8M 1B6 For Sale 6.60% Cap Rate

Investment Highlights

  • Solid turn-key investment of a stable asset class located strategically in central Essex County
  • 2018 upgrades of both the HVAC and roof
  • Easy access to highway 34 or 3
  • Medical-use building located 30 min drive from Windsor, ON
  • Located near grocery, retail, and restaurants
  • Next to Essex Sports Complex

Executive Summary

A solid turn-key investment in a reliable asset. The Essex Medical Centre is a fully leased 20,000 square foot medical building sitting on 1.73 acres of land (MPAC). Well maintained with complete renovation and systems upgrade in 2018. The medical office building is extremely well located in the centre of Essex County serving Essex, Windsor, LaSalle, Amherstburg, Leamington, Kingsville, Lakeshore, and Harrow. The population of Essex County is estimated to be 430,000 (2021 census).
This full service medical office building offers the following services: Walk-in clinic, Pharmacy, Lab, Diagnostics Imaging (X-ray, Ultrasound),Cardiologist, Hearing Centre, Physiotherapy, Dentist, Family Practices, Nurse Practitioner.
Recent Upgrade: Key FOB entry system, tenant hydro metering system, roof (2018), HVAC (2018)
Please contact Listing Agent for package.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
A
Year Built
2018
Cap Rate
6.60%
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.27
Lot Size
1.73 AC
Zoning
Commercial/Institutional
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31934088

  • Date on Market: 5/27/2024

  • Last Updated:

  • Address: 186 Talbot St S, Essex, ON N8M 1B6

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