• 320-370 W Redstone Avenue, Crestview, FL 32536 Main Photo

320-370 W Redstone Avenue
Crestview, FL 32536

$5,900,000

16 Photos

Listing Details

  • $5,900,000
  • MLS# 1013035
  • Type Commercial - Business
  • Status Active
  • 1.970 acres
    Lot Size

Listed By

Agency Name: ERA American Real Estate

Shown By

Agent Name: Tara Capron
Agent Phone: (850) 565-0480
Agency Title: Levin Rinke Realty

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Home Value Estimate


Description

STABILIZED MEDICAL OFFICE INVESTMENT | 100% OCCUPIED | 5.62% CAP RATEAn exceptional opportunity to acquire a fully occupied, income-producing medical office complex in Crestview, Florida. This approximately 15,000-square-foot property consists of three separate medical office suites, each approximately 5,000 square feet, occupied by established healthcare-related tenants with long-term lease commitments.With approximately $331,541 in annual Net Operating Income (NOI) and an estimated 5.62% capitalization rate at the $5.9 million asking price, this investment offers an established income stream from day one. The property features a triple-net...read more

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