NNN Medical Office Building

Single Tenant NNN Investment Property in desirable Lakeside Professional Center (Daytona Beach MSA).

• 6,714 SF freestanding medical office building comprised of four office condos located in the Lakeside Professional Center Condo Association.
• Sale/leaseback opportunity - Medical practice tenant with multiple Central FL locations.
• New 5 year NNN lease with renewals will be signed at closing.
• 6.0% cap rate year one with 3% annual increases.
• Functional medical floor plan; 8 exam rooms, 6 offices, 3 procedure rooms, 2 labs, 5 restrooms, conference room, nurse's area, waiting room, breakroom, etc.
• Tenant has been operating out of this location since 2006.
• Recently painted exterior.
• An attractive addition to your real estate portfolio!

LOCATION OVERVIEW

• Located in Lakeside Professional Center adjacent to Twin Lakes Medical Center and just 0.25 miles north of LPGA Blvd, 1.4 miles to Interstate 95, 1.8 miles to Latitude Margaritaville, and 2 miles to AdventHealth Daytona Beach.
• Incredible residential growth nearby including Latitude Margaritaville and 2,500+ new apartments.