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$725,000
Est. payment /mo
0.45 Acres Lot
UPDATED:
10/13/2024 02:43 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 954184
Year Built 1986
Lot Size 0.450 Acres
Acres 0.45
Property Description
28 Perry Avenue is home to the Hanger Clinic. This unique medical user specializes in Prosthetics and Orthotics and has been in this location since 1997. This freestanding 3432 SF building is occupied by a national company that has over 900 locations. The medical office is a brick, single story facility with a standing seam metal roof, efficient layout consisting of reception area, 5 exam rooms, 3 restrooms, kitchen area and light manufacturing area. The long standing tenant has an existing lease that currently runs thru April 30, 2027 with 2 additional option terms thereafter. The current Net Operating Income is $52,193 and is being offered at a 7.2% CAP rate.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
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Listed by Taylor Allen Properties LLC
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