Absolute Triple Net Lease Structure that Allows for Passive Ownership
New 10-Year Lease Executed in May 2025
Features One Ten-Year Option to Renew
Beneficial Rental Increase Schedule Provides Cash Flow Growth and Appreciation
3% Annual Increases Throughout Base Term and Option Period
Established Practice with Strong Guarantor Financial Performance
Multiple Company Guarantee Structure Nearly $25MM Net Income Securing Lease
Location is Responsible for Nearly Half of Total Revenue of Company Across Eight Locations
Exceptionally Low Rent/Revenue for Individual Location at 3.9% for FY-2025
Ample Physician Count with Multiple Specialties
Five Surgeons Offering Services in Neurology, Orthopedics, and Spine
Immediate Area Features Consistent Population Growth and Strong Economic Demos
387,000+ People within 5-Mile Radius Average Household Income of $113,000+ within 1 Mile Radius
Significant Cap Ex Taking Place of $130,000+
New Roof, Paint and Stucco of Exterior Parking Overlay, Seal and Stripe
Major Medical and Commerce Sector of Broward County
Baptist Health Wellness & Medical Complex: This 112,000 SF, Four-Story Facility is Baptist Health’s Largest in Broward County
Houses an Urgent Care Center and Specialized Care for Cardiology, Orthopedics, and Cancer
HCA Florida Westside Hospital: A major full-service, 250-bed hospital providing a wide range of emergency, surgical, and specialized medical services
UHealth Plantation (University of Miami Health System): Brings top-tier Miami-based specialists to central Broward. It is home to the Bascom Palmer Eye Institute (the nation's top-ranked eye hospital) and the Sylvester Comprehensive Cancer Center