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4357 Lafayette St

10,900 SF 100% Leased Office Building Marianna, FL 32446 $2,145,000 ($197/SF) 7.26% Cap Rate

Investment Highlights

  • Medical Office Building
  • Fully leased
  • Located on a busy retail corridor

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,900 SF
Building Class
B
Year Built
2013
Price
$2,145,000
Price Per SF
$197
Cap Rate
7.26%
NOI
$155,659
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,450 SF
Slab To Slab
12’
Building FAR
0.18
Lot Size
1.42 AC
Parking
25 Spaces (2.29 Spaces per 1,000 SF Leased)

About 4357 Lafayette St , Marianna, FL 32446

This is a freestanding 2-story medical building positioned in Marianna's primary retail corridor. The property is 100% leased to Dermatology Specialist Group, Department of Education of the State of Florida, and Gulf Coast Children's Advocacy Center. This property is in excellent condition. Dermatology Specialists is a professional team of physicians, certified physician assistants (PA-Cs), and nurses (RNs) who are trained in the medical and surgical sub-specialty of dermatology. The Department of Education serves as the single repository of education data from school districts, state and community colleges, universities, and independent postsecondary institutions - allowing us to track student performance over time and across varying education sectors. Gulf Coast Children’s Advocacy Center has transformed the lives of victims of child abuse and sexual violence by offering a refuge for victims and their families to cope with the terrible crimes of child abuse and sexual assault while reducing the fear and further trauma that disclosure and investigation often creates.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Aqua Medical Spa
  • -
  • 300 SF
  • -
  • -
  • Dermatology Specialists
  • -
  • 1,200 SF
  • -
  • -
  • Digestive Diseases
  • -
  • 1,200 SF
  • -
  • -
  • Gulf Coase Dermatology
  • -
  • 2,200 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Aqua Medical Spa - 300 SF - -
Dermatology Specialists - 1,200 SF - -
Digestive Diseases - 1,200 SF - -
Gulf Coase Dermatology - 2,200 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-4N-10-0343-0000-0103
Land Assessment
$57,750
Improvements Assessment
$709,500
Total Assessment
$767,250
  • Listing ID: 15899791

  • Date on Market: 4/29/2019

  • Last Updated:

  • Address: 4357 Lafayette St, Marianna, FL 32446

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