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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



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
$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
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 26-28-32-000000-011160 | Improvements Assessment | $1,134,389 CAD |
| Land Assessment | $406,093 CAD | Total Assessment | $1,540,482 CAD |
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
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1121 1st St S
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