Overview
About This Listing
The property features four suites, currently configured as two dental office practices, with one doctor occupying three suites and another doctor occupying one suite. The building has been well maintained inside and out, presenting an excellent opportunity for an investor seeking steady income with minimal management responsibilities. Medical office building built in 1972. The entire building is leased through December 31, 2027, and both tenants have expressed willingness to extend beyond the current lease term. Current rental income is $72,000 per year, with tenants responsible for trash, water, sewer, utilities, and renter’s insurance. The property is in great condition and continues to benefit from consistent care. This is a strong, income-producing asset that is well positioned for continued occupancy. The cap rate based on the offered purchase price and current rental income is 10.29 percent. Time is of the essence, contact the listing agent for more information.
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7921 State Highway 99e , Los Molinos, CA 96055
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Source:
Listed by: Direct Realty and Mortgage -
Details
$285,000(Negotiable)
1420 Howe Avenue, Sacramento, CA 95825
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Source:
Listed by: Capital Group Realty, Inc. -
Details
$4,900,000(Negotiable)
409 12th Street, Madera, CA 93638
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Source:
Listed by: Keller Williams Merced -
Details
$799,900(Negotiable)
