Highlights
- Tenant is a subsidiary of AdaptHealth Corp.
- Cap Rate: 6.3% currently; 6.9% next year, with 5% annual rent increases
- Established Downtown Kissimmee Healthcare Corridor with Strong Rental Upside Potential
- NNN Lease
- Prime Proximity to Major Hospitals: AdventHealth Kissimmee & HCA Florida Osceola Hospital
About this property
Located within an established healthcare corridor in downtown Kissimmee, this investment opportunity is leased to a subsidiary of AdaptHealth Corp., a publicly traded healthcare company and recognized provider of medical equipment, supplies, and related services. The tenant occupies the property under a NNN lease structure and is committed through October 2028, with a three-year renewal option that provides potential for continued occupancy and income stability.
The property is in excellent condition with a functional layout that includes private offices, two restrooms, and a rear storage area with a large delivery door. Its versatile configuration supports a variety of healthcare, medical, professional, and service-oriented uses. Surrounded by medical offices and located near HCA Florida Osceola Hospital and AdventHealth Kissimmee, the property benefits from an established healthcare-oriented environment that supports long-term tenant demand. The combination of a publicly traded healthcare tenant, NNN lease structure, and location within a growing medical corridor positions the asset as a compelling net-leased investment opportunity with future growth potential.
Property details
- Property Type
- Improved property
- Building Type
- Condo
- Building Size
- 2,592 sqft
- Units
- 1
- Zoning
- (C-I) Commercial
- Year Built
- 1982
Location
- Address
-
1110-1117 N central ave
Kissimmee, FL 34741