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Investment Highlights

  • Corporate-Backed Long-Term Lease | ~$21 Billion Revenue Healthcare Leader (NYSE: FMS)
  • Attractive 1.7% Annual Rent Increases
  • Essential & Recession-Resistant Medical Use
  • Passive NN Lease Structure
  • Investment Grade Rating: BBB- by S&P Global | Global Healthare Leader

Executive Summary

PROPERTY & LOCATION HIGHLIGHTS
Prime Position Within Port Orange’s Dominant Retail & Healthcare Corridor
Strategically located along South Nova Road near Dunlawton Avenue and Interstate 95, the property is positioned within one of Port Orange’s most established and rapidly growing commercial corridors. The asset benefits from immediate proximity to The Pavilion at Port Orange, the area’s premier lifestyle and power retail center featuring Target, BJ’s Wholesale Club, Lowe’s, Marshalls, Ulta Beauty, restaurants, and numerous national retailers that collectively drive significant daily consumer traffic throughout the trade area.
Strategic Home Dialysis Training Location
The property serves as a dedicated home dialysis training center for Fresenius Kidney Care, featuring four patient stations, four private training stations in a separate room, a clinic manager office, private nurse office, additional nurse station area, conference room, and staff lounge. The facility supports the continued shift toward home-based kidney care treatment models, providing investors with long-term healthcare relevance driven by growing patient preference, provider efficiency initiatives, and continued adoption of home dialysis therapies.
Strategic Infill Location with Excellent Accessibility
The property benefits from strong visibility and direct frontage along South Nova Road, one of the primary commercial corridors serving South Volusia County. Convenient access to Interstate 95 and Dunlawton Avenue provides exceptional regional connectivity throughout the greater Daytona Beach MSA, supporting efficient patient access and long-term operational stability.
Positioned Near Major Healthcare & Residential Demand Drivers
The asset is located near Halifax Health, AdventHealth, and numerous additional healthcare providers throughout the Port Orange and Daytona Beach markets, reinforcing the corridor’s role as an established medical hub. The surrounding area is further supported by dense residential communities, expanding suburban development, and strong regional employment drivers that collectively support recurring patient demand.
Strong Residential Growth & Favorable Demographics
Port Orange continues to benefit from strong in-migration trends, expanding residential development, and growing demand throughout the Central Florida region. The surrounding trade area features stable household demographics, a growing retiree population, and durable healthcare demand drivers that support long-term outpatient medical utilization.
Long-Term Healthcare Demand Drivers
Dialysis treatment represents a critical, non-discretionary healthcare service requiring recurring patient visits multiple times per week. Supported by long-term demographic trends and necessity-based healthcare demand, the subject property offers investors stable operational fundamentals and durable long-term occupancy characteristics.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
5,380 SF
Building Class
B
Year Built
1975
Price
$2,801,795 CAD
Price Per SF
$520.78 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,380 SF
Building FAR
0.12
Lot Size
1.01 AC
Zoning
16PO
Parking
25 Spaces (4.65 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
6309-00-06-0020
Land Assessment
$338,790 CAD
Improvements Assessment
$1,434,013 CAD
Total Assessment
$1,772,802 CAD
  • Listing ID: 40851669

  • Date on Market: 2026-06-09

  • Last Updated:

  • Address: 3881 S Nova Rd, Port Orange, FL 32127

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