Status   SOLD  
5838 9th Avenue N, St Petersburg, FL, 33710 sold
$399,000
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List Date5/24/2016
TypeMedical - Office
Square Footage3284
Lot Size7851
Age62
Description: Attractive NNN, Professional Medical Office
investment with a clearly great return. This property is fully
occupied, with long term leases in place and high quality medical
tenant.

The current lease term runs through 2019 with multiple extensions.
• Offered at 10.0% capitalization rate.
• For more than 30 years this has been an active general practitioner doctor’s office with the current practice going on 20 years in the same location.
• The tenant is JSA Healthcare. JSA Healthcare’s parent company is Davita Healthcare Partners, a Fortune 500 company a leading healthcare provider in the United States.
• Upstairs is a spacious one bedroom apartment - currently vacant.