Remarks

LOCATION LOCATION LOCATION!!!! Don't miss this opportunity to acquire the hard corner of Fulton & Main St with a 9,430 SF medical office building constructed in 1999 with a concrete parking lot sitting on .48 acre lot (21,000 SF) This multi purpose medical building is situated in the central business district, on the main street thoroughfare, on a treed lot, right in the mix of shopping, services and nearby the Amtrak station. Approximately half the building (4,959 SF) is currently owner occupied, and the other half (approximately 4,471 SF) is recently leased to a Accelacare, a physical therapy tenant generating $59,461 annually on an annual year to year lease that expires April 30, 2026 with renewal option. If renewed, the annual rent increases to $61,840 expiring 4/3/2027. The sellers are in a flexible position to consider vacating their approximately 4,959 SF portion of the space if this suits new ownership, or would entertain a lease-back option for their utilization areas which are reception room, waiting room, radiology and clinical rooms. Building features: approximately 12 Exam Rooms, 6 Offices, 1 Conference Room, 1 Kitchen / Break Room, 1 Employee Locker Room, 3 Reception Areas and 2 Nurses Stations. The physical therapy space features a weight and resistance training room. Regarding utility services, the landlord pays 30% and tenant pays 70% of the following: electricity, water, natural gas, sewer, trash, standard florescent lighting fixtures, snow & ice removal and parking lot clean up. Regarding business services, the tenant is responsible for arranging and paying the following: interior cleaning, pest control, telephone, internet and Wi-Fi. In regards to insurance, the tenant is responsible for paying for commercial general liability insurance and the landlord carries the policy covering loss or damages to the building, but tenant is responsible for insuring their equipment and / or personal property. All information deemed reliable but not guaranteed.

Details

MLS#: 658316
Price: $975,000

Style: Commercial Service
Sq Ft: 9430
Year Built: 1999

County: Finney
Tax Fee: 44707.88