478 S MARTIN ST

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478 S MARTIN ST

LONGMONT, CO 80501-5948
Asking Price
$9.07M
Cap Rate
6.75%
Asset Type
Medical Office Office
Class
Class B

What's Special

BioLife Plasma Services | Longmont Colorado | Absolute Net | Investment Grade Tenant <p><strong style="color: rgba(0, 0, 0, 1)">1. Absolute Net Lease β€” Zero Landlord Responsibilities</strong><span style="color: rgba(0, 0, 0, 1)"> True passive, bond-like income stream with the tenant responsible for all real estate taxes, insurance, roof, structure, parking, and all maintenance, repair, and replacement obligations β€” providing the buyer with no capital exposure.</span></p><p></p><p><strong style="color: rgba(0, 0, 0, 1)">2. Investment-Grade Tenant β€” Backed by Takeda (NYSE: TAK)</s

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NOI
$80,000
Cap Rate
0.88%
DSCR
0.15
Underwater
Cash-on-Cash
-16.85%
Monthly Payment
$44,876.874
Annual Cash Flow
$-458,522.493

Location & Travel Times