SimonMed Imaging | Vacant Building | 4800 Park Blvd N
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SimonMed Imaging | Vacant Building 4800 Park Blvd N
21,831 SF 100% Leased Office Building Pinellas Park, FL 33781 $6,500,000 ($298/SF)
Investment Highlights
- Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities
- Three Percent (3.00%) Rental Increases Annually | Two (2), Five (5)-Year Options Remaining
- 058-Acre Lot | Approximately 13,737-Square Foot Building | 37 Parking Spaces | Site Formerly Served Six (6) Tenants
- Original Twenty (20)-Year Lease | Approximately 2.3 Years Remaining
- Large Pylon Sign Along Park Blvd | Adjacent To SimonMed Imaging Center | Access Point Via Park Blvd | Over48,760 Vehicles Per Day
- Average Medical Office Rents Are $24.45/sf Within A 10-Mile Radius Of The Property (CoStar)
Executive Summary
NNN Pro is pleased to present the exclusive listing for a SimonMed Imaging located at 4800 Park Blvd, Pinellas Park, FL 33781. The site consists of roughly 8,094 rentable square feet of building space. This SimonMed Imaging is subject to a 20-year Triple Net (NNN) lease, which commenced 4/1/2007. The current annual rent is $174,000 and has scheduled increases of 3.00% annually.
NNN Pro is pleased to present the exclusive listing for a vacant medical office building located at 4820 Park Blvd, Pinellas Park, FL 33781. The site consists of roughly 13,737 rentable square feet of building space on a 0.58-acre parcel of land.
NNN Pro is pleased to present the exclusive listing for a vacant medical office building located at 4820 Park Blvd, Pinellas Park, FL 33781. The site consists of roughly 13,737 rentable square feet of building space on a 0.58-acre parcel of land.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
21,831 SF
Building Class
B
Year Built
1955
Price
$6,500,000
Price Per SF
$298
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,831 SF
Slab To Slab
15’
Building FAR
0.43
Lot Size
1.16 AC
Zoning
M-1 - Light industrial with offices, hotels, and most retail uses permitted
Amenities
- Bus Line
1 of 1
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 28-30-16-00000-440-0200 | Improvements Assessment | $641,270 |
| Land Assessment | $523,730 | Total Assessment | $1,165,000 |
PROPERTY TAXES
Parcel Number
28-30-16-00000-440-0200
Land Assessment
$523,730
Improvements Assessment
$641,270
Total Assessment
$1,165,000
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SimonMed Imaging | Vacant Building | 4800 Park Blvd N
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