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2902 59th St W
Bradenton, FL 34209
Asking Price
$7.50M
Cap Rate
5.73%
Asset Type
Medical Office Office
Class
Class B
What's Special
Office | 5.73% CAP | 30,189 SqFt <ul><li>Located along West Bradentons Medical Community and only a Half Mile from HCA Blake Hospital</li><li>Occupancy at 92%</li><li>Well Established and Long Standing Medical Tenant Mix</li><li>3.45 Acres with 30,000+/- Square Feet of All Medical Suites</li><li>Entire property has received upgrades including exterior facade</li><li>NNN Leases</li></ul>
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NOI
$80,000
Cap Rate
1.07%
DSCR
0.18
Underwater
Cash-on-Cash
-16.23%
Monthly Payment
$37,105.908
Annual Cash Flow
$-365,270.894
