|
• 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. 31st, 2016) • Dialysis Clinic 10,000 sq. ft. (Lease agreement ends up on Dec. 31st, 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
|
|
