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1121 1st St S 7,081 SF Office Building Winter Haven, FL 33880 $4,685,928 CAD ($661.76 CAD/SF) 7.25% Cap Rate



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.
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
$4,685,928 CAD
Price Per SF
$661.76 CAD
Cap Rate
7.25%
NOI
$339,730 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,081 SF
Building FAR
0.19
Lot Size
0.86 AC
Zoning
BR
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 26-28-32-000000-011160 | Improvements Assessment | $1,104,647 CAD |
| Land Assessment | $395,446 CAD | Total Assessment | $1,500,093 CAD |
Property Taxes
Parcel Number
26-28-32-000000-011160
Land Assessment
$395,446 CAD
Improvements Assessment
$1,104,647 CAD
Total Assessment
$1,500,093 CAD
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1121 1st St S
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