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1121 1st St S 7,081 SF Office Building Winter Haven, FL 33880 $5,322,428 CAD ($751.65 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 10-Year Absolute NNN Lease
  • Zero Landlord Responsibilities
  • 2.5% Annual Rent Increases

EXECUTIVE SUMMARY

This Vascular Health Institute Sale-Leaseback offering presents investors with the rare opportunity to acquire a premier medical facility backed by a long-term commitment from a reputable healthcare provider operating five locations. The asset is supported by a brand new 10-year absolute NNN lease, providing stable and passive income with zero landlord responsibilities. Featuring 2.5% annual rent escalations, the lease structure ensures consistent cash flow growth and serves as an effective hedge against inflation.
Strategically located at 1121 1st St S in Winter Haven, FL, the property benefits from exceptional visibility and access along a busy commercial corridor with 22,700 vehicles per day. The 7,081 SF building sits on a 0.86-acre parcel, offering both functionality and convenience for the tenant's long-term operational needs.
Winter Haven is part of Central Florida’s high-growth corridor, with close proximity to Tampa and Orlando, robust infrastructure connectivity, and a diversified economic base including healthcare, education, manufacturing, logistics, and tourism. The region’s economic resiliency and population growth enhance the long-term value proposition for this asset.
This investment aligns with the increasing demand for healthcare-related real estate in recession-resistant sectors, providing security and upside in today’s evolving investment climate.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,081 SF
Building Class
B
Year Built/Renovated
1992/2001
Price
$5,322,428 CAD
Price Per SF
$751.65 CAD
Cap Rate
6.50%
NOI
$345,958 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,081 SF
Building FAR
0.19
Lot Size
0.86 AC
Zoning
BR
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-28-32-000000-011160
Land Assessment
$406,093 CAD
Improvements Assessment
$1,134,389 CAD
Total Assessment
$1,540,482 CAD
  • Listing ID: 38057831

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 1121 1st St S, Winter Haven, FL 33880

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