For Sale
$3,322,870

351 Main StFreeport, NY 11520

DaVita-Leased, NNN, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
98

Highlights

  • $3,322,870 asking price for a 7,360 SF medical office building.
  • NNN lease to DaVita Kidney Care with a corporate guarantee.
  • 4.4 years remaining on the initial 5-year lease, with three 5-year renewal options.
  • Annual rent increases throughout the lease term and renewal options.
  • 5.75% cap rate, 5.89% pro-forma cap rate; $191,065 NOI, $195,824 pro-forma NOI.
  • Located at 351 S Main St, Freeport, NY, on a 22,072 SF lot with 45 parking spaces.

Property Details for 351 Main St

Property type
Other office properties, Medical offices
Square Feet
7,360 SF
Year Built
2001
Buildings
1
Stories
2

Location Insight

City
Freeport
County
Nassau
State
New York
Latitude
40.647922993409
Longitude
-73.575922981272
351 Main St, Freeport, New York
Leaflet | © OpenStreetMap contributors

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351 Main St
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