Loop20MedPlaza

leased commercial

improved commercial

investment commercial

unimproved commercial


	Loop 20 Medical Plaza $10,500,000.00


	• Medical office building • Office building Approx. 46,000 sq. ft. Leaseable square footage • Current tenants: • Laredo Medical Center: 26,000 sq. ft. (Lease agreement ends up on Dec. 31^st, 2016) • Dialysis Clinic 10,000 sq. ft. (Lease agreement ends up on Dec. 31^st, 2011) • Orthogenesis International Centre 6,000 sq. ft. (3-2,000 sq. ft. offices. Lease agreement ends at different dates) • Pharmacy 2,000 sq. ft. (Lease agreement ends up on Sept. 30^th , 2007) • Shown by appointment only

		Annual Income: Rents: LMC (26,000 sq. ft.; $1.47/SF) $458,640.00 Dialysis Center (10,000 SF; $1.85/SF) $258,276.00 Dentists $ 94,800.00 Pharmacy $ 32,400.00 Total Income: $844,116.00 Annual Expense: Property Taxes $117,344.00 Insurance $ 8,100.00 Operational Expenses $ 60,000.00 Total Expenses: $185,444.00 Net Annual Income: $658,672.00

For more information contact
LUZ C. MARTINEZ AT 724-9094 ~ 285-5859
or via e-mail at luzc@lulamoralesrealty.com

Dimensions given are approximate and according to information provided by the tax office, appraisals and/or builders plans. Confirmation of these dimensions is up to the buyer. Broker has not measured this property.

Last Updated JANUARY 2012
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