6399 38th Avenue N, St Petersburg, FL 33710

Description

MEDICAL OFFICE BUILDING DIRECTLY ACROSS FROM THE HOSPITAL 3 large Medical offices in 2 buildings. Divide them for additional lease spaces. East side of building office is 5,000 SQ/FT. SW office is 2450 SQ/FT. NW office is 2450 SQ/FT. TOTAL 9800 MOR. The building is in excellent condition all around. Both buildings have a new roof in 2020. The property has a new digital LED sign. The owner/physician occupies the west wing @ $14,400 per month. A pharmacy occupies the SW space at $3,250 per month. Within the Doctors space is Laser Hair removal at $9,600 per year. The final and third office is not occupied and is for lease at $2,800 per month MOL. CORNER LOT. FRONT AND BACK ENTRANCE. PLENTY OF PARKING. 1. Bay Area Medical Clinic - OWNER/OPERATOR. 2. St.Petersburg Pharmacy - Tenant. 3. VACANT. Total NOI: $251,400 - $41,332 Expenses = $210,068 or 13.1 Cap Rate.? RENTABLE SQFT: 9800. YEAR BUILT: 1976. LOT SIZE: 36,456 SQ/FT. DIRECTLY ACROSS FROM THE HOSPITAL. Building in Excellent Condition. New LED sign. New Roof with a lifetime warranty. Parking lot just re-coated.