Professional Office Medical/Dental Building

Edmonds, WA (Snohomish County)

Seller Financing Available
Professional Office Medical/Dental Building
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Asking Price: $1,985,000

Gross Revenue: $120,000

Price/Sq. Ft.: $53.38

NOI: $116,000

Building SF: 7,358

FF&E: N/A

Year Built: 1983

Professional Office Medical/Dental Building

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Property Description

Affordable Commercial Property - Great Location - With or Without Tenant

This is a rare opportunity to own your own stand-alone professional office building, with a large parking lot, or an income property with an existing Dental Lab as tenant. The property is currently a Professional Office Medical / Dental Building. This is a great investment property or Medical/Dental/Professional office relocation opportunity. This currently tenant is a well designed dental lab in a recently remodeled location which is willing to remain a tenant or will relocate if need be. Net Operating Income is based on the existing rent and is subject to negotiation.

Detailed Information

Location:
Edmonds, WA
Type:
Office
Building SF:
7,358
Building Status:
Established
Facilities:
The property available is a one story, stand-alone, 7,358 sq ft building, on a 37,897 sq ft lot (approx). The property includes a parking lot with approximately 35 spaces, and the entire facility is in a park-like setting with a many trees and a brook running through the landscaping.
Current Property Expenses:
4,000 NNN Lease
Location Description:
The property resides within a high traffic corridor near I-5 and hwy 99, and there are over 80 retail stores, boutiques, restaurants, and services mixed-use industrial all within a quarter mile, that are surrounded by residential properties.
Current and Prior Use:
Currently Medical/Dental, and Professional Offices. The building was totally renovated in 2000 from a restaurant to current use.
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Ron Sterling

Property Listed By:
Ron Sterling

Keller Williams Business & Commercial

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