Medical Professional Park Office FOR SALE


Tavares, FL
$6,900,000 USD
352-406-5766
, Tavares, FL for Sale
$6,900,000 USD
Office - FOR SALE
1/1
null | 6.66% Cap Rate

Medical Professional Park
Tavares, FL


HIGHLIGHTS

  • Fully occupied medical park near Florida Hospital-Waterman

OVERVIEW

This is a four building 8 suite professional medical park located on David Walker Dr. just south of its intersection with US HWY 441. All four buildings are part of a master planned development and are being offered as a portfolio purchase only. All buildings are fully occupied and generally described as follow. The oldest building consists of 10,000 square feet of medical buildout divided into a 7,000 square foot suite occupied by a General Practitioner Group owned by AdventHealth and a 3,000 square foot suite specifically designed for Pediatric care. A second 4,000 square foot building was added in 2007 and is divided into a 2,500 square foot medical suite and a 1,500 medical square foot suite. A third 4,000 square foot building was developed in 2010 and it is divided into a 1,550 square foot professional suite, a 950 square foot medical suite and a 1,300 square foot medical suite. And finally, in January 2020 the last building consisting of 5,367 square feet was completed as a build to suit and Aegis Medial Group began their long-term occupancy February 1, 2020 and are currently enjoying their second five (5) year term. The development was master planned with several common water retention areas and underground storm drainage. Access from David Walker Drive is via a private oak lined 50 foot wide drive and the buildings surround a large common parking area in a campus like setting. All the buildings were designed by a medical architect and are efficient in space utilization. Each suite contains a separate sidewalk accessed employee/doctor’s private entrance as well. Current Rent Roll and 2025 P & L available upon request.

ASK ABOUT THIS PROPERTY

Paul BryanBryan Properties Inc.More Info
352-406-5766

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Paul BryanBryan Properties Inc.More Info
352-406-5766

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