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Office Medical

NNN Advanced Derm. & Skin Care Center

8573 Co Rd 64, Daphne, AL 36526

Starting Bid: $500,000

Cap Rate
9.00%
Gross SF
5,380
Rentable SF
5,380
Price/Gross SF
$92.94
Occupancy
100.0%
Year Built
2006
Lot Size
1.01 acres
Auction Type
Reserve
Auction Start Date
Jun 3, 2024
Auction End Date
Jun 5, 2024

Investment Overview

Forefront Dermatology was founded in 1980 and headquarted in Manitowoc, Wisconsin. Forefront is the largest, most diversified group practice in the US. Forefront Dermatology enables its partner physicians to enjoy the financial and personal rewards of private practice, along with the professional support of a large. successful, physician-lef dermatology practice with more than 250+ clinics across the nations.

Investment Highlights

  • Coming to Auction June 3-5. Triple Net NNN Lease Structure
  • 100% occupied by Advanced Dermatology & Skin Care Centre
  • One 5 Year Option to Extend

Auction Advisors

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Office Medical

NNN Advanced Derm. & Skin Care Center

Starting Bid: $500,000

Cap Rate
9.00%
Gross SF
5,380
Rentable SF
5,380
Price/Gross SF
$92.94
Occupancy
100.0%
Year Built
2006
Lot Size
1.01 acres
Auction Type
Reserve
Auction Start Date
Jun 3, 2024
Auction End Date
Jun 5, 2024

Investment Highlights

  • Coming to Auction June 3-5. Triple Net NNN Lease Structure
  • 100% occupied by Advanced Dermatology & Skin Care Centre
  • One 5 Year Option to Extend

Investment Overview

Forefront Dermatology was founded in 1980 and headquarted in Manitowoc, Wisconsin. Forefront is the largest, most diversified group practice in the US. Forefront Dermatology enables its partner physicians to enjoy the financial and personal rewards of private practice, along with the professional support of a large. successful, physician-lef dermatology practice with more than 250+ clinics across the nations.

Auction Advisors

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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