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NORTHEAST RADIOLOGY

$ 3,500,000

Property Type:

Single Tenant Medical Office Building

Property Size:

26,578 SF

Lease Type:

Absolute NNN

Cap Rate:

10.4 %

Details

– Single Medical Tenant leasing 2 Freestanding Buildings with +/- 3 Years Remaining

– Strong Corporate Guarantee by Nasdaq listed company – Akumin, a premier provider of outpatient radiology services in the U.S.

– Absolute NNN Lease – No Landlord Responsibilities

– 3% Annual Rent Increases

– Commitment to Location – The Tenant, Northeast Radiology, has occupied their space since 2004 and has invested several million dollars into their space through their fit-up and state of the art medical equipment

– Limited to No Competition – one of few imaging centers in the county

– The Property is located on Route 6 (a two-lane state highway) and is close to Interstate 84 / Interstate 684 interchange

– Located on the Westchester/Putnam County border and only 60 miles to New York City; ten miles to Danbury, CT

Contact:

khaterine@biltrealtygroup.com

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