1818 Warm Springs Road

Description

This +/-2,914 SF freestanding medical office building is offered as a stabilized investment opportunity with an established medical tenant in place through December 2030. The property generates $54,000 annually in rental income with scheduled rent escalations. The lease is structured as modified gross with expense pass-through protections requiring the tenant to reimburse increases in taxes, insurance, and operating expenses above the Base Year. Utilities are separately metered for electricity, gas, telephone, and data services. Landlord responsibilities are limited to the roof, structure, exterior walls, and capped HVAC repairs, while the tenant is responsible for routine HVAC maintenance and replacement. Formerly an oral surgery and dental implant center, the property is fully built out for medical use and includes a reception and waiting area, x-ray and lab space, private offices, 5 exam rooms, breakroom, and patient and staff restrooms. The finished upstairs attic space includes a kitchenette and washer/dryer hookups. Ample on-site parking and signage further support the property's long-term medical tenancy and investment appeal.