Property Type: Office

Single Tenant NNN property. Certified Dermatology did a new 5 year lease back. Sold at a 7% return to the investor

670 Broadway was a 2 unit retail building. 60% of the property was occupied by Certified Dermatology, who did a sale lease back for another 5 year term. The deal offered a 6.2% cap rate to the investor with annual increases.

Singe Tenant NNN lease back property. Certified Dermatology owned & operated the business prior to selling and doing a new lease.