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2235 N Courtenay Pky
Merritt Island, FL 32953
MSH Dental | 15 Yr Abs Net | Merritt Island, · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 15 Year Absolute Net Lease with National Dental Support Organization (DSO)
- Attractive Annual 2.5% Rent Increases in Base Term and Options
- Positioned Directly South of Martin Anderson Beachline Expressway, a Major Thoroughfare
- Zero Landlord Responsibilities
- Essential Use Medical Tenant that is Resilient through Economic Cycles
- 54,615 Vehicles Travel Along Martin Anderson Beachline Expressway Daily, Just North of Subject
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,138 SF
Building Class
B
Year Built
1987
Price
$3,745,000
Price Per SF
$264.89
Cap Rate
6.15%
NOI
$230,318
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,069 SF
Building FAR
0.33
Lot Size
0.97 AC
Zoning
BU1
Parking
49 Spaces (3.47 Spaces per 1,000 SF Leased)
AMENITIES
- Balcony
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,136,580 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,136,580
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