Just Sold in St. Petersburg, FL:
Anthony Cimino, with Krone Weidler and LJ Tsunis, are pleased to announce the successful sale of American Family Care located in St. Petersburg, Florida. Mr. Cimino secured the exclusive listing to market the property on behalf of the seller, a professional healthcare investor, out of Florida. The buyer was a private real estate investor from Florida, who was also represented by Marcus & Millichap. The deal had many obstacles that were overcome through the cooperation of seller, buyer and tenant.
Transaction Summary
Type: Single Tenant Medical Office Building
Price: $790,000
Lot Size: 0.25 Acres
Rentable Square Feet: 3,514 SF
Occupancy: 100%
Investment Highlights:
- Single Tenant Double Net Lease
- 3,514 Rentable Square Feet
- 2.3 Years Remaining on Lease, with Two 5-Year Options
Built in 1935 and Renovated in 2011
If you would like more information regarding this project, or any of our current listings please feel free to contact us.
Exclusively Listed By
| Anthony Cimino Associate Healthcare Real Estate Group O: (813) 387-4783 C: (813) 486-6323 anthony.cimino@marcusmillichap.com License: FL SL3371428 |
Louis James “L.J.” Tsunis Associate National Seniors Housing Group O: (813) 387-4777 C: (516) 637-0479 louis.tsunis@marcusmillichap.com License: FL SL3274497 |
| Krone Weidler First Vice President, Investments National Seniors Housing Group O: (813) 387-4767 C: (813) 842-2365 krone.weidler@marcusmillichap.com License: FL BK698019 |
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