Medical Building For Sale
Arcadia, FL, 34266
The medical office building was built in 2007 with a new roof installed in 2021. It is located across from DeSoto Memorial Hospital (affiliated with Tampa General) and in an Opportunity Zone.
The building is 100% leased to two tenants. CenterWell/Humana occupies two-thirds of the space. The leases are NNN, with the landlord responsible for roof/structure only.
$2,683,000
Sale Price
7%
Cap Rate
7,873
Building SF
Healthcare / Medical
Asset Type
Why this is a good deal
This property offers a stable investment with CenterWell (Humana) as a major tenant. Both tenants have 7-year leases expiring in 2030 and 2031 with annual rent bumps. The property is located in an Opportunity Zone. Tampa General has committed $50 million to the DeSoto Memorial Hospital.