425 Nursing Home Dr - Medical FOR SALE


Arcadia, FL 34266
$2,654,000 USD
480-229-6999
425 Nursing Home Dr, Arcadia, FL for Sale
$2,654,000 USD
Medical - FOR SALE
1/6
null | 7% Cap Rate

425 Nursing Home Dr
Arcadia, FL 34266


HIGHLIGHTS

  • 100% occupied medical office with two long-term tenants under NNN leases, providing stable income.
  • Directly across from DeSoto Memorial Hospital, which is managed by Tampa General Hospital and undergoing major capital improvements.
  • Current NOI of $185,787.51 with annual rent escalations in place for both tenants.
  • Each tenant serves essential healthcare needs, including primary care, specialty services, and preventive care.
  • Recent hospital investment of at least $45 million to enhance local healthcare infrastructure and capacity.
  • Located within a well-established medical corridor in Arcadia, ensuring strong tenant retention and consistent patient demand.

OVERVIEW

This offering presents a fully leased medical office property situated at 425 Nursing Home Drive in Arcadia, Florida. The building contains 7,873 RSF and was constructed in 2007, designed with functionality for healthcare services. It is directly across from DeSoto Memorial Hospital, which is affiliated with Tampa General Hospital, ensuring strong synergy with surrounding medical providers. The property is secured by long-term leases with two established healthcare tenants: Best Value Healthcare/MaxHealth and AMA Health Providers. Both tenants signed 7-year leases, with expirations in 2030 and 2031, and annual rental escalations, contributing to stable cash flow for the next several years. Current Net Operating Income is $185,787.51, and leases are structured on a NNN basis, with the landlord responsible only for roof and structure. Arcadia’s location provides convenient access to primary roadways and essential community infrastructure. The area benefits strongly from the hospital’s $45 million reinvestment plans, which will continue to elevate the medical ecosystem in this market. With a 7% capitalization rate and consistent rental growth, this asset offers investors reliable income and long-term security within a recession-resilient healthcare sector.

FOR SALE DETAILS

PRICE

$2,654,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

PUD

APN/PARCEL ID

30-37-25-0A00-1422-0000

ASK ABOUT THIS PROPERTY

Andrew OstranderKW CommercialMore Info
480-229-6999

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Andrew OstranderKW CommercialMore Info
480-229-6999

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