Single Tenant NNN Medical Office For Sale

  SOLD January 2024 for $1,200,000

515 W. State Road 434, Longwood, Florida 32750


Building Size4,368 Square Feet
Land Size2.37 Acres
ZoningIMU
Parking130
WaterCity
SewerCity
ElectricDuke
Year Built1987
ConstructionMasonry
Renovated2018
FloorFirst floor Units 1080-1110

NNN National Credit Medical Tenant Lease

This 4368 sq ft Rentable, First Floor office is leased thru December 31, 2028. The tenant pays all expenses. The office is two combined units located on the first floor of a three story medical building adjacent to Orlando Health Hospital in Longwood.

The long term tenant, Optum Health, renovated the office in 2018 with over $100k in improvements. Optum Health is part of the United Health Group. This is the first office you see when you walk inthe building door! The tenant is currently in year five of a ten year lease. The lease is a true NNN.

Priced at a 7% CAP rate.

For additional info the non disclosure is attached.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

Powered by TotalCommercial.com