Florida Cancer Specialists | McKesson
Port Charlotte, FL
Key Details
| Price: | $6,404,754 |
|---|---|
| Cap Rate: | 6.75% |
| Annual Rent: | $432,500 |
| Address: | 22395 Edgewater Drive, Port Charlotte, Florida 33980 |
| Property Type: | Office |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 16 Years |
|---|---|
| Lease Commencement: | 4/16/2013 |
| Lease Expiration: | 6/1/2029 |
| Lease Term Remaining: | 4.3 Years |
| Rental Increases: | 3.00% Annually |
| Lot Size: | 2.81 Acres |
| Building Size: | 12,400 SF |
| Year Built: | 2002 |
| Year Renovated: | 2017 |
NNN Pro is pleased to present the exclusive listing for a Florida Cancer Specialists | McKesson located at 22395 Edgewater Drive, Port Charlotte, Florida 33980. The site consists of roughly 12400 rentable square feet of building space on an estimated 2.81-acre parcel of land. This Florida Cancer Specialists | McKesson is subject to a 16-year Triple Net (NNN) lease, which commenced 4/16/2013. The current annual rent is $432,500 and has scheduled increases of 3.00% Annually.
About the Investment
- Absolute Triple Net (NNN) | The subject investment property is subject to an absolute triple net (NNN) lease with zero landlord responsibilities.
- Annual Rental Increases | The subject investment property is subject to 3% annual rental increases, hedging against inflation.
- Zero State Income Tax | Flordia is one of nine states that do not levy a state income tax in the United States.
Key Details
| Price: | $6,404,754 |
|---|---|
| Cap Rate: | 6.75% |
| Annual Rent: | $432,500 |
| Address: | 22395 Edgewater Drive, Port Charlotte, Florida 33980 |
| Property Type: | Office |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 16 Years |
|---|---|
| Lease Commencement: | 4/16/2013 |
| Lease Expiration: | 6/1/2029 |
| Lease Term Remaining: | 4.3 Years |
| Rental Increases: | 3.00% Annually |
| Lot Size: | 2.81 Acres |
| Building Size: | 12,400 SF |
| Year Built: | 2002 |
| Year Renovated: | 2017 |
Talk to the Pros
Ryan Duffy
rduffy@nnnpro.com
License: NY: 10401294060
Judson Kauffman
jkauffman@nnnpro.com
License: NY: 10401296108
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Broker of Record
Brian Brockman
Bang Realty-Naples, Inc
License: BK3327646
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.