NNN Leased Medical Office – 5935 Webb Rd- $1,210,000
Property Information
This 5,034 SF medical office condo has recently been leased to a regional primary care group on a new 5 year term (Starting September 1, 2021). The building is located in the Medical Professional Center adjacent to Tampa Community Hospital and features a large reception area and a waiting room capable of accommodating 12-15 patients, with an adjoining patient restroom. There is a multi-person reception office as well as several plumbed exam rooms, private physicians offices, a staff break room, and and previously served as a radiation "Cyberknife" facility and still has a radiation vault in place which the tenant plans to retrofit into a staff break and meeting room" as well as renovating several offices into additional exam rooms. The building has an abundance of power and the center has ample parking, ideal for the high traffic medical user. The tenant is responsible for all interior maintenance and building structure and roof are the responsibility of the association. Tenant pays all pass throughs (Association dues, Taxes, Insurance & Maintenance). 6.51 % Cap (Year 1) - 2% annual escalations