1143 State Road 60 E - Office FOR SALE


Lake Wales, FL 33853
$675,000 USD
305-320-1148
1143 State Road 60 E, Lake Wales, FL for Sale
$675,000 USD
Office - FOR SALE
1/25
null | 7.9% Cap Rate

1143 State Road 60 E
Lake Wales, FL 33853


HIGHLIGHTS

  • ±3,052 SF single-tenant medical office building
  • Leased to OptumCare, a national healthcare provider and subsidiary of UnitedHealth Group
  • Located along State Road 60 just minutes from AdventHealth Lake Wales
  • Lease in place through August 31, 2027 with annual rent increases
  • Two five-year renewal options at fair market value
  • Minimal landlord expense exposure and management responsibilities

OVERVIEW

This ±3,052 SF single-tenant medical office in Lake Wales is leased to OptumCare, a national healthcare provider and subsidiary of UnitedHealth Group, and is strategically positioned just minutes from AdventHealth Lake Wales, anchoring the area’s primary healthcare corridor. The property offers stable occupancy backed by national credit in an established medical location, making it an attractive opportunity for investors seeking durable healthcare income in a growing Central Florida market.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,509 SF

ZONING

019

APN/PARCEL ID

28-30-06-939400-001101

ASK ABOUT THIS PROPERTY

Brady WisdomWisdom Capital GroupMore Info
305-320-1148

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Brady WisdomWisdom Capital GroupMore Info
305-320-1148

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