1227 SW 17th Ave - Medical FOR SALE


Ocala, FL 34471- Southeast Ocala
$12,950,000 USD
813-951-7796
1227 SW 17th Ave, Ocala, FL for Sale
$12,950,000 USD
Medical - FOR SALE
1/8
null | 6.8% Cap Rate

1227 SW 17th Ave
Ocala, FL 34471
Southeast Ocala


OVERVIEW

***Contact anthony.suarez@franklinst.com for more information Franklin Street is pleased to offer to qualified investors a Medical Office property in Florida, leased to Rasmussen University, operating as an exclusive nursing campus. This Facility is dedicated to Rasmussen’s nursing program and provides Classrooms, Labs, and Hospital Simulation rooms as part of its Educational Programming. Plumbing and Electrical for medical uses are both in place at the Property. In February of 2024, the Primary Building was reconstructed along with the addition of the Expansion Space which added an additional 12,531 SF, bringing the total size to 41,204 SF. - #1 Performing Rasmussen Location in Florida, Operating Exclusively as a Nursing Campus - Medical Facility Fit with Plumbing & Electrical Operating Exclusively as a Nursing Campus - Includes New Construction 12,531 SF Expansion Space & Fully Renovated Existing Space - New 10-Year Amended and Restated Lease - Strong NOI Growth with 2.5% Annual Increases - No deferred Maintenance - Transferrable Roof Warranties - Attractive Parking Ratio of 5.34 per 1,000 SF - 5Yr Anticipated Population Growth of 9.86% (2023-2028) - Largest National Nursing & Health Sciences Educator with 20 Campuses Nationwide - Main Hospital Systems nearby including UF Health, AdventHealth, HCA West Marion, and HCA Florida Ocala - In Close Proximity to The Villages, America's #1 Master-Planned Community - Located in Florida (No State Income Tax)

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rasmussen University - Ocala

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

4.84 AC

LAND SF

210,830 SF

ZONING

B4

APN/PARCEL ID

23656-014-00

ASK ABOUT THIS PROPERTY

Anthony SuarezFranklin StreetMore Info
813-951-7796

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Anthony SuarezFranklin StreetMore Info
813-951-7796

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