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3205 Physicians Way 7,311 SF Office Building Sebring, FL 33870 $1,672,321 CAD ($228.74 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Stabilized, 100% Occupied 3-Year Sale-Leaseback Asset – The seller will execute a 3-year lease at closing, providing immediate in-place income.
- Triple Net Medical Tenancy - The primary 6,360 SF medical office tenant operates under a NNN lease with 3.00% annual rent increases
- Competitive In-Place Rents w/ Upside - Medical rent of approximately $15.00/SF aligns with local comparable & presents future mark-to-market potential
- Attractive 8.50% Cap Rate - Offered at $1,222,600 w/ $103,918 in NOI, providing strong current yield relative to comparable medical office investments
- Dual Income Stream Structure - The 8,568 SF property includes both a medical office component and a 2,208 SF residential unit
- Supportive Healthcare Demographics - The surrounding population’s higher median age and stable household base create durable long-term demand
Executive Summary
3205 Physicians Way is strategically positioned in Sebring, Florida, the county seat of Highlands County and a well established Central Florida community known for its stable population base and strong healthcare demand. The property benefits from direct access to US-27, the area’s primary north–south corridor, which provides regional connectivity and convenient accessibility for patients and staff.
Within a five-mile radius, the property serves approximately 34,620 residents with a median age of 50 and an average household income of $62,689. The surrounding demographic profile skews older than state and national averages, supporting sustained demand for medical services and long-term healthcare utilization. This aging population dynamic provides a consistent patient base for medical office users.
Sebring offers a cost-effective operating environment compared to major Florida markets, with affordable housing, steady household formation, and limited institutional medical supply. The area is supported by regional healthcare providers, local retail centers, and established community anchors. Nearby amenities include Downtown Sebring, Highlands Hammock State Park, and the Sebring International Raceway, contributing to the area’s overall appeal.
Overall, 3205 Physicians Way benefits from stable demographics, accessible transportation infrastructure, and long-term healthcare demand drivers that support durable occupancy for medical office users
Within a five-mile radius, the property serves approximately 34,620 residents with a median age of 50 and an average household income of $62,689. The surrounding demographic profile skews older than state and national averages, supporting sustained demand for medical services and long-term healthcare utilization. This aging population dynamic provides a consistent patient base for medical office users.
Sebring offers a cost-effective operating environment compared to major Florida markets, with affordable housing, steady household formation, and limited institutional medical supply. The area is supported by regional healthcare providers, local retail centers, and established community anchors. Nearby amenities include Downtown Sebring, Highlands Hammock State Park, and the Sebring International Raceway, contributing to the area’s overall appeal.
Overall, 3205 Physicians Way benefits from stable demographics, accessible transportation infrastructure, and long-term healthcare demand drivers that support durable occupancy for medical office users
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Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,311 SF
Building Class
C
Year Built
2003
Price
$1,672,321 CAD
Price Per SF
$228.74 CAD
Cap Rate
8.50%
NOI
$142,143 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,311 SF
Slab To Slab
10’
Building FAR
0.16
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
C1
Parking
30 Spaces (6.84 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | S-05-35-29-160-0000-0011 | Improvements Assessment | $748,279 CAD |
| Land Assessment | $92,560 CAD | Total Assessment | $840,839 CAD |
Property Taxes
Parcel Number
S-05-35-29-160-0000-0011
Land Assessment
$92,560 CAD
Improvements Assessment
$748,279 CAD
Total Assessment
$840,839 CAD
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