The property is fully leased to a regional, multi-location nonprofit healthcare operator operating under a 501(c)(3) structure. The tenant maintains established operations in Central Florida and has been in continuous operation for over six years. - Tenant has 3 locations, and revenue is on the rise. According to publicly available IRS Form 990 filings, the tenant has demonstrated strong and improving financial performance over recent years. The organization reported approximately $7.6 million in revenue and a positive net operating income of approximately $2.8 million in 2024. Buyers are encouraged to verify all financial information independently. The lease is structured as an Absolute NNN lease with 3% annual rent escalations. As of January 2026, base rent is $14,331 per month ($171,973 annually), exclusive of NNN charges. The tenant has no history of late or missed rent payments under the current lease. This financial profile, combined with the tenant’s nonprofit structure, healthcare use, and long-term Absolute NNN lease, supports income durability and reduced tenant credit risk throughout the remaining lease term and renewal options. Additional tenant financial information, including link to the financial statements available on the public domain, will be made available upon execution of a confidentiality agreement.
Seller Lease Support Available:
Tenant is a nonprofit healthcare operator with multiple locations. While the lease does not contain a personal guaranty, Seller is willing to discuss a rent support escrow equal to approximately 18 months of base rent. Subject to negotiated terms, escrow funds may be available to offset lost rental income in the event of a tenant vacancy prior to expiration of the initial lease term. Final terms to be determined during contract negotiations.