1121 1st St S - Medical FOR SALE


Winter Haven, FL 33880- Downtown Winter Haven
$4,130,583 USD
770-296-5981
1121 1st St S, Winter Haven, FL for Sale
$4,130,583 USD
Medical - FOR SALE
1/31
null | 6% Cap Rate

1121 1st St S
Winter Haven, FL 33880
Downtown Winter Haven


HIGHLIGHTS

  • Brand New 10-Year Absolute NNN Lease
  • 2.5% Annual Rent Increases
  • Zero Landlord Responsibilities

OVERVIEW

This Vascular Health Institute Sale-Leaseback offering presents investors with the rare opportunity to acquire a premier medical facility backed by a long-term commitment from a reputable healthcare provider operating five locations. The asset is supported by a brand new 10-year absolute NNN lease, providing stable and passive income with zero landlord responsibilities. Featuring 2.5% annual rent escalations, the lease structure ensures consistent cash flow growth and serves as an effective hedge against inflation. Strategically located at 1121 1st St S in Winter Haven, FL, the property benefits from exceptional visibility and access along a busy commercial corridor with 22,700 vehicles per day. The 7,081 SF building sits on a 0.86-acre parcel, offering both functionality and convenience for the tenant's long-term operational needs. Winter Haven is part of Central Florida’s high-growth corridor, with close proximity to Tampa and Orlando, robust infrastructure connectivity, and a diversified economic base including healthcare, education, manufacturing, logistics, and tourism. The region’s economic resiliency and population growth enhance the long-term value proposition for this asset. This investment aligns with the increasing demand for healthcare-related real estate in recession-resistant sectors, providing security and upside in today’s evolving investment climate.

FOR SALE DETAILS

PRICE

$4,130,583 USD

PRICE/SF

$583 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

BR

APN/PARCEL ID

26-28-32-000000-011160

ASK ABOUT THIS PROPERTY

Nicholas StocktonKeller Williams Realty IntownMore Info
770-296-5981

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Nicholas StocktonKeller Williams Realty IntownMore Info
770-296-5981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.