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Pottsville
17901
17901
W77° 48' 36.6''
N40° 40' 55.7''
Contact Info
Eric Seitzinger
260107
Property Description

INVESTMENT PROPERTY FOR SALE. Fully leased office space in professional medical building. New 5 year lease beginning June 1, 2022, with annual 2% increases. Full time management company running the property and tenant space. Lots of windows with nice views. Approximately 5,700 square foot suite under lease on a five year term with an approximate blended five year monthly average rental rate of 6,600.00 . Rental rate includes CAM, interior cleaning, Condo fees and utilities. Tenant is responsible for phone, cable, internet, Tenant insurance naming Landlord as additional insured. Tenant also responsible for minor maintenance including but not limited to changing of light bulbs. The Rental Rate includes the 12.99% of the Condo Association Fees, utilities and Real Estate Taxes. Building owner responsible for the payment of the Condo Fees (currently 2,100.00) and Real Estate Taxes (Currently 8,349.00). This give your an approximate 33,549.00 offset against the blended rental rate of 79,200.00 giving you an approximate 45,651.00 without any holdback for Capital expenses give you over a 7.5% cap rate. 11 Exam Room/Private Office, one staff area, four H/P rest rooms, reception and waiting area. Call for details or private showing.

206 Schuylkill Medical Plaza Suite 206

Pottsville, Pennsylvania 17901, United States

$495,000
Listing ID#74790
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Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 74790
Ref ID : 313376521
Price : $495,000
MLS : PASK134768
Office ID : PA305-020
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Agent info
Eric Seitzinger
Homesale Realty
Homesale Realty
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