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255 George Bush Blvd
Delray Beach, FL 33444
Asking Price
$2.50M
Asset Type
Medical Office Office
Class
Class B
What's Special
MEDICAL OFFICE BUILDING FOR SALE <p><strong>STRATEGIC LOCATION</strong></p><p>Situated in a high-demand downtown submarket with strong demographics and continued in-migration</p><p></p><p><strong>INCOME IN PLACE</strong></p><p>60% occupied by a medical tenant providing lease-up or owner-occupant opportunity</p><p></p><p><strong>RESIDENTIAL/OFFICE </strong></p><p>Redevelopment Potential Ideal candidate for future mixed-use or office redevelopment</p><p></p><p><strong>ATTRACTIVE USER OPPORTUNITY</strong></p><p>Suitable for owner-
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631
