4705 Bellemeade Ave
|Catylist Listing ID:
Medical, Mixed Use, Office Building
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||Net Leased Investment (NNN), Investment
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||Cash to Seller
Overview / Comments
Located in the heart of the East Side just West of Bellemeade and Green River Road, this well built 6713 square foot commercial building is currently being used as a 4739 square foot veterinary office with a 1974 square foot, 2 bedroom, 2 bath apartment, but could be used for any type of medical office, business office, or retail space. It has a large parking lot to the East of the building and offers great visibility. Approximately two years are left on the veterinary space lease with 2 renewal terms. Even with the apartment leased under market value, the CAP rate on the property is at 8%. It would be a great investment for someone looking for commercial rental property of someone who had a particular use for the building.
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