Klein & Heuchan Realtors
1744 N. Belcher Road Suite 200
Clearwater, FL 33765

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Current Interest Rates

U.S. Treasury Notes:
3 Year = 0.98%
5 Year = 1.26%
10 Year = 1.82%
Prime Rate: 3.50%
All Interest Rate Data Delayed
12/05/2019 - (12:03:44 PM)

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Property Type: Office Property, Investment Property
Property ID: SI-1509
Featured Property: Yes
Associate: Mark Klein

5522 GULF DR.

Property Information:
Two unit dental office with one dentist retiring in December of 2019. One dentist, an Orthodontist will stay on and lease back his unit for five years at 18/SF NNN. The other unit which currently is the home of a periodontist will be available for lease at the same rate. The pro-forma cap rate is 12.82%. Building is good for another Periodontist or general dentist that wants to own his/her own building with a tenant paying the mortgage and helping build equity.
PRICE: $650,000

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