South Island Medical Building – Freeland, WA

South Island Medical Building #192651

Status: Available
Excellent investment opportunity w/this commercial building in the heart of Freeland, WA on beautiful Whidbey Island. Currently a successful medical practice, this property sees a 7.7% cap rate w/long-term triple net tenants. The building underwent an extensive remodel in 2016. Improvements include: NEW store front, LVP flooring, snaploc metal roof, HVAC, water heater w/recirculating pump, solid oak doors, 6 exam rooms complete w/sinks, interior & exterior paint, upgraded fiberoptic cabling, lighting, bath fixtures, maple cabinets throughout, & 1 procedure room w/storage, sink & operatory light. Property sale includes grade level storage containers w/8 bays behind the building. Well maintained w/solid tenants equals a great opportunity!

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Listing Courtesy of: Windermere R.E./Whidbey Island – Coreen Lerch (#31489)

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.