Property details

NNN Florida Surgery Center, Southeast Region

Property Description

NNN Florida Surgery Center

Free Standing Licensed Ambulatory Surgical Center

NNN Lease (Zero Landlord responsibilities)

Cost Prohibitive to Move (Cost is over $600/sf to Build)

Hospital is less than one mile away

10 year lease, commenced 9/1/21)

Previous Operator was at facility for 16 years (since 2005)

Dense Surrounding Population

newly remodeled, 100% occupied medical building containing an Ambulatory Surgical Center licensed by the Agency for Healthcare Administration. This well designed 15,052 SF center has two (2) spacious operating rooms, 6 bed recovery area, waiting room, consult-rooms, admin offices and plenty of parking (covered and non-covered).

Sale/Lease buy back. Ambulatory Surgery Center will sign a ten (10) year lease NN upon closing for $45.00 per SF with annual bumps of 1.50%.

Class A outpatient surgical center in close proximity to a local hospital



Net Lease Properties For Sale



Medical - Healthcare For Sale

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Highlights

Status:
Available
Price:
$11,500,000
PSF:
$764
Cap Rate:
5.87%
Annual Rent:
$675,050
Rent Increases:
annual bumps of 1.50%
 

Property Information

Building Size:
15,052 sq.ft.
Property Type:
Net Lease
Industry Type:
Medical - Healthcare
Units/Spaces:
1
Year Built:
2005
Purchase Tenure:
Fee Simple
 

Lease information

Tenant:
NNN Florida Surgery Center
Lease Type:
NNN
Lease Commencement:
07/25/1970
Lease Expiration:
07/25/2021
Lease Term:
51 years
Lease Remaining:
10.0 years
Landlord Responsibilities:
None. NNN Lease (Zero Landlord responsibilities)
Options:
There are five 5-year options
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.