For Sale
$3,322,870
351 Main St Freeport, NY 11520
DaVita-Leased, NNN, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- $3,322,870 asking price for a 7,360 SF medical office building.
- NNN lease to DaVita Kidney Care with a corporate guarantee.
- 4.4 years remaining on the initial 5-year lease, with three 5-year renewal options.
- Annual rent increases throughout the lease term and renewal options.
- 5.75% cap rate, 5.89% pro-forma cap rate; $191,065 NOI, $195,824 pro-forma NOI.
- Located at 351 S Main St, Freeport, NY, on a 22,072 SF lot with 45 parking spaces.
Property Details for 351 Main St
- Property type
- Office properties, Medical offices
- Square Feet
- 7,360 SF
- Year Built
- 2001
- Buildings
- 1
- Stories
- 2
Location Insight
- City
- Freeport
- County
- Nassau
- State
- New York
- Latitude
- 40.647922993409
- Longitude
- -73.575922981272
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - DaVita-Leased, NNN, High ROI
- Where is the office property located?
- The property is located at 351 Main St Freeport, NY.
- What is the asking price?
- The asking price for this property is $3,322,870.
- What are key features of this property?
- This property features: $3,322,870 asking price for a 7,360 SF medical office building.; NNN lease to DaVita Kidney Care with a corporate guarantee.; 4.4 years remaining on the initial 5-year lease, with three 5-year renewal options.
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