7197 Highbridge RdFayetteville, NY 13066
High-yield medical office investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 98
Highlights
- High barrier to entry for investors due to attractive price and high return.
- MB2, a premier healthcare tenant with 750+ locations nationwide, occupies the entire building.
- Lease expiration in under two years presents a value-add opportunity to increase rental rates.
- MB2's acquisition-based expansion strategy ensures tenant stability.
- Built-in 2% annual rental increases offer inflation protection and future income growth.
- Tenant relocation is unlikely due to high build-out costs and patient retention challenges.
Property Details for 7197 Highbridge Rd
- Property type
- Other office properties, Medical offices
- Square Feet
- 6,800 SF
- Year Built
- 1980
- Lot Size (sq. ft)
- 121,097 SF
Location Insight
- City
- Fayetteville
- County
- Onondaga
- State
- New York
- Latitude
- 43.0197678
- Longitude
- -76.0231702
Nearby Similar for Sale
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