• For Sale
  • USD 595,000 
  • Property Type: Commercial
INVESTMENT PROPERTY FOR SALE." Fully leased office space in professional medical building. New 5 year lease beginning June 1, 2022, with annual 2% increases. Full time management company running the property and tenant space. Lots of windows with nice views. Approximately 5,700 square foot suite under lease on a five year term with an approximate blended five year monthly average rental rate of $6,600.00 . Rental rate includes CAM, interior cleaning, Condo fees and utilities. Tenant is responsible for phone, cable, internet, Tenant insurance naming Landlord as additional insured. Tenant also responsible for minor maintenance including but not limited to changing of light bulbs. The Rental Rate includes the 12.99% of the Condo Association Fees, utilities and Real Estate Taxes. Building owner responsible for the payment of the Condo Fees (currently $2,100.00) and Real Estate Taxes (Currently $8,349.00). This give your an approximate $33,549.00 offset against the blended rental rate of $79,200.00 giving you an approximate $45,651.00 without any holdback for Capital expenses give you over a 7.5% cap rate. 11 Exam Room/Private Office, one staff area, four H/P rest rooms, reception and waiting area.Call for details or private showing.
Eric  Seitzinger
Eric Seitzinger
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206 SCHUYLKILL MEDICAL PLAZA, SUITE 206, Pottsville PA 17901, Pottsville, Pennsylvania, United States is a Pottsville luxury Commercial listed for sale USD 595,000. This high end Pottsville Commercial is comprised of N/A bedrooms and N/A baths. Find more luxury properties in Pottsville or search for luxury properties for sale in Pottsville.