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Off Market
1/6

950 1st St S
Winter Haven, FL 33880


HIGHLIGHTS

  • 20,327 Square Foot Medical Office Occupied by Palm Medical Center & Miracle Chiropractic
  • Palm Medical Center Extended Their Lease Early by Five Years – Demonstrating a Strong Commitment to this Location
  • Palm Medical Center Has One Percent Rent Increases Annually
  • Building Was Fully Renovated in 2011-2012 | Owner Resealed and Restriped Entire Parking Lot in February 2020
  • Palm Medical Center Operates a Total of 14 Locations in Florida
  • Approximately 100 Linear Feet of 1st Street S Frontage | 1st Street S Has an Average of 30,000 Vehicles Daily

OVERVIEW

Palm Medical Center occupies over 93 percent of the 20,327 square-foot two-tenant medical office building. Palm Medical Center has recently extended their lease and has six years remaining with three, five-year renewal options with one percent rent increases annually. Palm Medical Center provides superior medical care for the whole family. It is located across from Staples, Pier 1, Lowe’s Home Improvement, Subway, GNC, Crispers. Near Macy’s and Belk department stores.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

100% Occupied Medical Office, Early Lease Ext

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

20327

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

1 AC AC

LAND SF

43,560 SF

ZONING

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APN/PARCEL ID

26-28-28-618571-002030