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Investment Highlights
- 9-building NNN Medical Office Building (MOB) portfolio located in rapidly-growing Southwest Florida
- Anchor tenant MaxHealth was recently acquired by Humana's CenterWell platform
- Average in-place term of 7.2 years with just under half of tenants having been in place for 5+ years, showing longevity and commitment
- Mix of single-tenant and multi-tenant buildings spanning Manatee and Sarasota Counties
- CenterWell is one of the nation’s largest senior-focused, value-based primary care providers
- Purchase options include the entire portfolio or individual buildings
Executive Summary
MaxHealth – now a part of Humana/CenterWell | Southwest Florida Medical Office Portfolio
View our Offering Memorandum here: https://drive.google.com/file/d/1izTwrRJrst74czrck7Zy1ABuSi1ZBF9S/view?usp=drive_link
SVN Commercial Advisory Group is very pleased to present this institutional quality medical office portfolio anchored by Humana’s CenterWell platform in one of Florida’s fastest growing healthcare markets. Strategically positioned along Florida’s Gulf Coast, the medical offices stretch from Ellenton in North Manatee County, through Bradenton and Sarasota, down to Venice and North Port in South Sarasota County.
All properties are anchored by MaxHealth, which was recently acquired by CenterWell Senior Care, the healthcare services division of Humana Inc. (NYSE: HUM) — the nation’s second-largest health insurer, with projected 2025 revenues exceeding $128 billion. MaxHealth offers a broad range of medical practices including general medicine, internal medicine, and geriatrics, in addition to multiple affiliated specialty practices offering cardiology, dermatology and oncology.
Each property benefits from prominent road frontage along major highways and thoroughfares throughout the North Port–Sarasota–Bradenton MSA, ensuring strong visibility, ease of access, and close proximity to area hospitals and medical centers. Five buildings in the portfolio are larger multi-tenant buildings with MaxHealth as the primary anchor, and four are single-tenant MaxHealth buildings. The entire portfolio can be purchased as a whole, or buildings may be purchased individually (with the exception of the two Cortez Road buildings that are both located on the same deeded parcel).
Over the past five plus years, this region has experienced substantial growth and development, with tens of thousands of new residential units either completed or currently under construction. This residential boom continues to drive demand for high-quality medical services and facilities.
In addition to population growth, the area’s aging population has led to a marked increase in demand for healthcare services, with the the need only expected to grow, as approximately 49.2% of the area’s residents are over the age of 55.
Several major area healthcare projects are already underway to support this demand, including:
Sarasota Memorial Hospital – Venice Campus (opened 2021)
HCA Florida North River Hospital (Freestanding Emergency opened 2025)
BayCare Hospital Manatee (slated for opening in 2028)
Sarasota Memorial Hospital – North Port Campus (slated for opening in 2028)
This portfolio combines institutional-quality healthcare tenancy, strong demographic tailwinds, diversified income, embedded leasing upside, and irreplaceable locations in one of the fastest-growing healthcare markets in the United States. The combination of CenterWell’s affiliation with Humana, Southwest Florida’s sustained population growth, and increasing demand for outpatient medical services creates an opportunity for durable income with long-term appreciation potential.
View our Offering Memorandum here: https://drive.google.com/file/d/1izTwrRJrst74czrck7Zy1ABuSi1ZBF9S/view?usp=drive_link
SVN Commercial Advisory Group is very pleased to present this institutional quality medical office portfolio anchored by Humana’s CenterWell platform in one of Florida’s fastest growing healthcare markets. Strategically positioned along Florida’s Gulf Coast, the medical offices stretch from Ellenton in North Manatee County, through Bradenton and Sarasota, down to Venice and North Port in South Sarasota County.
All properties are anchored by MaxHealth, which was recently acquired by CenterWell Senior Care, the healthcare services division of Humana Inc. (NYSE: HUM) — the nation’s second-largest health insurer, with projected 2025 revenues exceeding $128 billion. MaxHealth offers a broad range of medical practices including general medicine, internal medicine, and geriatrics, in addition to multiple affiliated specialty practices offering cardiology, dermatology and oncology.
Each property benefits from prominent road frontage along major highways and thoroughfares throughout the North Port–Sarasota–Bradenton MSA, ensuring strong visibility, ease of access, and close proximity to area hospitals and medical centers. Five buildings in the portfolio are larger multi-tenant buildings with MaxHealth as the primary anchor, and four are single-tenant MaxHealth buildings. The entire portfolio can be purchased as a whole, or buildings may be purchased individually (with the exception of the two Cortez Road buildings that are both located on the same deeded parcel).
Over the past five plus years, this region has experienced substantial growth and development, with tens of thousands of new residential units either completed or currently under construction. This residential boom continues to drive demand for high-quality medical services and facilities.
In addition to population growth, the area’s aging population has led to a marked increase in demand for healthcare services, with the the need only expected to grow, as approximately 49.2% of the area’s residents are over the age of 55.
Several major area healthcare projects are already underway to support this demand, including:
Sarasota Memorial Hospital – Venice Campus (opened 2021)
HCA Florida North River Hospital (Freestanding Emergency opened 2025)
BayCare Hospital Manatee (slated for opening in 2028)
Sarasota Memorial Hospital – North Port Campus (slated for opening in 2028)
This portfolio combines institutional-quality healthcare tenancy, strong demographic tailwinds, diversified income, embedded leasing upside, and irreplaceable locations in one of the fastest-growing healthcare markets in the United States. The combination of CenterWell’s affiliation with Humana, Southwest Florida’s sustained population growth, and increasing demand for outpatient medical services creates an opportunity for durable income with long-term appreciation potential.
Property Facts
| Price | $84,641,998 CAD | Number of Properties | 9 |
| Price / SF | $491.50 CAD / SF | Individually For Sale | 8 |
| Cap Rate | 6.51% | Total Building Size | 172,210 SF |
| Sale Type | Investment NNN | Total Land Area | 15.12 AC |
| Status | Active |
| Price | $84,641,998 CAD |
| Price / SF | $491.50 CAD / SF |
| Cap Rate | 6.51% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 8 |
| Total Building Size | 172,210 SF |
| Total Land Area | 15.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
MaxHealth Cortez Medical Office Building
4351 Cortez Rd, Bradenton, FL 34210 |
Office | 22,974 SF | 2012 | $12,293,525 CAD |
|
MaxHealth Cortez Primary Care
4401 Cortez Rd W, Bradenton, FL 34210 |
Office | 8,204 SF | 1999 | - |
| 6110 53rd Ave E, Bradenton, FL 34203 | Office | 6,478 SF | 1997 | $3,174,075 CAD |
|
MaxHealth Manatee West
7409-7461 Manatee Ave W, Bradenton, FL 34209 |
Retail | 42,067 SF | 1984 | $16,928,400 CAD |
|
MaxHealth Ellenton
7915 US Hwy 301 N, Ellenton, FL 34222 |
Office | 29,465 SF | 2007 | $14,812,350 CAD |
|
MaxHealth Sumter Crossing North Port
4451 Aidan Ln, North Port, FL 34287 |
Office | 21,048 SF | 2007 | $7,758,850 CAD |
|
MaxHealth Corporate & Primary Care
3844 Bee Ridge Rd, Sarasota, FL 34233 |
Office | 22,206 SF | 1981 | $14,812,350 CAD |
|
MaxHealth Bee Ridge Medical Office Building
3830 Bee Ridge Rd, Sarasota, FL 34233 |
Office | 14,574 SF | 1977 | $11,638,275 CAD |
|
MaxHealth Venice HealthPark
1211 Jacaranda Blvd, Venice, FL 34292 |
Office | 5,194 SF | 1990 | $2,821,400 CAD |
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