Property details

Florida Condo Surgery Center, Southeast Region

Property Description

Located in an Income Tax Free State!     

Florida Condo Surgery Center

Renovated in 2021 - New HVAC

Taxes / CAM / Insurance: Tenant & Landlord

Roof / Structure: Condo Association / landlord

Lease Expiration: 8/31/2028

Annual 3.00% Increases!

There is 1 option to renew for 5 years

Cost Prohibitive to Move

The Tenant cost is over $600 PSF to Build

The Tenant owns the Adjacent Hospital!

Lease to commenced September 1, 2021

Sale Includes The Entire 4th Floor of the Building

The Tenant Bought Out the Previous Operator in 2020

Dense Surrounding Population

Major Hospital is less than .25 miles away

Exceptional opportunity to acquire an AAAHC accredited Ambulatory Surgical Center located in a prime medical building with easy access to a manor freeway.

This well-designed 9002 SF center has two (2) spacious operating rooms, none (9) bed recovery areas, a waiting room, a consult-room and offices

This Surgery Center has been at the same location since 2001.

13 parking spaces are assigned to the Surgery Center per the Condo Association

Providing additional parking through valet services for tenants and guests

Condo Fees are paid by the Landlord Monthly, however, they are a part of the CAM changes. The tenant is responsible for the increase in allocation condo association operation expenses to the unit compared to the buildings operations expenses in 2002 as allocated to the unit.

Taxes: The 2002 base year amount was $19,136.25.



Net Lease Properties For Sale


Medical - Healthcare For Sale

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Highlights

Status:
Available
Price:
$3,975,000
PSF:
$442
Cap Rate:
5.92%
Annual Rent:
$235,220
 

Property Information

Building Size:
9,002 sq.ft.
Property Type:
Medical
Industry Type:
Medical - Healthcare
Units/Spaces:
1
Year Built:
1985
Purchase Tenure:
Fee Simple
 

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.