11704 W Center Road Sells for $4,200,000

11704 W Center Road Sells for $4,200,000

PROPERTY

Size 26,311 SF
Year Built 1979, remodeled 2008
Property Type Medical Office
Location 117th and W Center Rd

RESULT

Sale Date September 7, 2021
Price $4,200,000
Price PSF $159.63


PROPERTY HIGHLIGHTS

  • 100% leased multi-tenant medical office building
  • Primary tenants just renewed their leases
  • Tenants include four medical clinics, a surgical center and a physical therapy office
  • Most tenants have occupied the property for 13 years
  • Very well maintained property

 

MAJOR POINTS

  • Seller represented by Ember Grummons and J.P. Raynor
  • Property closed 56 days after going under contract at 96% of asking price and closed

 


Ember Grummons, CCIM
402.778.7553
egrummons@investorsomaha.com