Log In/Sign Up
Your email has been sent.
Winter Haven Medical Strip 205 1st St S 16,712 SF 100% Leased Office Building Winter Haven, FL 33880 $8,487,500 CAD ($507.87 CAD/SF) 5.53% Cap Rate
Investment Highlights
- Anchored by Humanitary Medical Center with a 15-year lease through 2040, the asset offers a ~12.2-year WALT, delivering durable, predictable cash flow
- Built in 2021, the property provides immediate income with minimal capital expenditure risk at a basis below replacement cost
- Fully occupied by a healthcare tenant mix with annual rent increases of 2.5%-3.0%, providing built-in NOI growth and protection against inflation
- Minutes from LEGOLAND Florida Resort contributing to millions of annual visitors and supporting sustained demand for medical, retail, and service uses
Executive Summary
Anchored by Humanitary Medical Center with a 15-year lease through 2040, the asset offers a ~12.2-year WALT, delivering durable, predictable cash flow and strong exit liquidity. Fully occupied by a healthcare-oriented tenant mix with annual rent increases of 2.5%-3.0%, providing built-in NOI growth and protection against inflation. Built in 2021, the property provides immediate income with minimal capital expenditure risk at a basis below replacement cost.Minutes from LEGOLAND Florida Resort, contributing to millions of annual visitors and supporting sustained demand for medical, retail, and service uses.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,712 SF
Year Built
2021
Price
$8,487,500 CAD
Price Per SF
$507.87 CAD
Cap Rate
5.53%
NOI
$469,359 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
8,356 SF
Building FAR
0.30
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
(DOR Code 1943)
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 26-28-29-621000-016011 | Improvements Assessment | $3,333,994 CAD |
| Land Assessment | $507,598 CAD | Total Assessment | $3,841,592 CAD |
Property Taxes
Parcel Number
26-28-29-621000-016011
Land Assessment
$507,598 CAD
Improvements Assessment
$3,333,994 CAD
Total Assessment
$3,841,592 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Green Towers Realty
Winter Haven Medical Strip | 205 1st St S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.