SW Florida Medical Office Portfolio

Office for Sale
Catylist Listing ID: 30847586
Property Subtypes: Medical, Net Leased
Building Size (RSF): 19,834 SF
Gross Building Area: See Agent
Sale Price: $6,900,000
Unit Price: $347.89 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 8/26/2023

Overview / Comments

Sale-Leaseback opportunity to purchase a portfolio of 4 medical office buildings occupied by regional health provider that has been consistently growing since 2006. Two buildings are located in Manatee County and two are in DeSoto County adjacent to DeSoto Memorial Hospital. Tenant currently serves patients through 30+ providers in eight offices across several counties, offering a mix of primary care and specialist providers. All properties will include a new 10 year lease with landlord responsibility of only roof and structure.

Total of 19,834 Square Feet comprised of:
425 Nursing Home Drive - Arcadia, FL: 7,873 SF (MFCRE ID 30847598)
810 N Mills Ave - Arcadia, FL: 2,055 SF (MFCRE ID 30847599)
6001 21st Ave. W - Bradenton, FL: 5,516 SF (MFCRE ID 30847595)
2816 Manatee Ave. W - Bradenton, FL: 4,390 SF (MFCRE ID 30847586)

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 3462100059
Total Number of Buildings: 4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,058 95,694 180,085
Median Age: 41.7 43.87 43.96
Households: 3,891 40,577 75,999


Photograph of Listing Agent

Kenneth C Hughes

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