Stable, Long-Term Incoming Producing Asset
15.36% Cash on Cash Return Following Lease Up of 4,231 SF
Located on one of the main north/south arterials in Seattle’s South-End, the Property was designed by physicians – for medical practitioners – and includes substantial electrical and plumbing infrastructure required to meet the needs of professional health-care providers.
Investment Overview
Purchase Price: $3,150,000
Net Income When Fully Leased: $316,176
CAP Rate When Fully Leased (including cost to stabilize): 10.04%
Current Occupancy: 76.21%
Current Net Operating Income: $227,122
You may also download the brochure and execute the confidentiality agreement using the links below:
Or visit the property website at:
http://pcg.cbre.com/pcg-invite/8649
CBRE
10885 Suite 500
Belleuve, WA 90004
F 425.462.6966
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