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Office to sell

1,000,000
Madrid Chamartín, Madrid, Spain,
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2861

Description

4 locations and approximately 97,000 SF of prime real estate. Orthopedic practice is still growing. YTD 2015 through Sept indicates a 40% increase since 2012, which averages 10%/yr. Strong leases have 7-10 years left on the term, and seller is potentially willing to restructure to meet buyer’ s needs, up to a 15 year initial term. Expense structure is Absolute Triple Net, so zero costs to ownership as long as leases are in effect. Properties are located at 3787 Shipyard Blvd, 2716 Ashton Dr, 8115 Market St and a to-be-built property in Shallotte, NC (currently under construction, delivery scheduled for Dec 2016).