Property Information

West Islip   |   Office / Investment
ID# 29194
Property Description

Investment

  • Cap Rate: 6.75%
  • NOI: $278,972
  • Rent Commencement: 6/1/2018
  • Lease End: 6/1/2038
  • Lease Term: 20-Years
  • Lease Type: Absolute NNN
  • Lease Escalations: 2.00% Annually
  • Options: Three, 5-Year
Location: West Islip
Property Type: Office
Sub Type: Office
Sub Type: Medical
Size: 5,100 SF
Sale/Lease: Sale
Investment Opportunity: Yes
Ceiling Height: 12'
Plot Size: 0.50 Acres
Asking Price: $4,130,000

For More Information, please call 631-694-3500

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. All information furnished regarding property for sale, rental or financing is from sources deemed reliable: but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, changes in price, rental or other conditions, prior sales, lease or financing or withdrawal without notice. The prospective buyer should carefully verify all information contained herein