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425 Nursing Home Dr
Arcadia, FL 34266
Office Property For Sale
Investment Highlights
- 100% occupied medical office with two long-term tenants under NNN leases, providing stable income.
- Current NOI of $185,787.51 with annual rent escalations in place for both tenants.
- Recent hospital investment of at least $45 million to enhance local healthcare infrastructure and capacity.
- Directly across from DeSoto Memorial Hospital, which is managed by Tampa General Hospital and undergoing major capital improvements.
- Each tenant serves essential healthcare needs, including primary care, specialty services, and preventive care.
- Located within a well-established medical corridor in Arcadia, ensuring strong tenant retention and consistent patient demand.
Executive Summary
This offering presents a fully leased medical office property situated at 425 Nursing Home Drive in Arcadia, Florida. The building contains 7,873 RSF and was constructed in 2007, designed with functionality for healthcare services. It is directly across from DeSoto Memorial Hospital, which is affiliated with Tampa General Hospital, ensuring strong synergy with surrounding medical providers.
The property is secured by long-term leases with two established healthcare tenants: Best Value Healthcare/MaxHealth and AMA Health Providers. Both tenants signed 7-year leases, with expirations in 2030 and 2031, and annual rental escalations, contributing to stable cash flow for the next several years. Current Net Operating Income is $185,787.51, and leases are structured on a NNN basis, with the landlord responsible only for roof and structure.
Arcadia’s location provides convenient access to primary roadways and essential community infrastructure. The area benefits strongly from the hospital’s $45 million reinvestment plans, which will continue to elevate the medical ecosystem in this market. With a 7% capitalization rate and consistent rental growth, this asset offers investors reliable income and long-term security within a recession-resilient healthcare sector.
The property is secured by long-term leases with two established healthcare tenants: Best Value Healthcare/MaxHealth and AMA Health Providers. Both tenants signed 7-year leases, with expirations in 2030 and 2031, and annual rental escalations, contributing to stable cash flow for the next several years. Current Net Operating Income is $185,787.51, and leases are structured on a NNN basis, with the landlord responsible only for roof and structure.
Arcadia’s location provides convenient access to primary roadways and essential community infrastructure. The area benefits strongly from the hospital’s $45 million reinvestment plans, which will continue to elevate the medical ecosystem in this market. With a 7% capitalization rate and consistent rental growth, this asset offers investors reliable income and long-term security within a recession-resilient healthcare sector.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,873 SF
Building Class
C
Year Built
2007
Price
$3,758,329 CAD
Price Per SF
$477.37 CAD
Cap Rate
7%
NOI
$263,094 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,873 SF
Building FAR
0.18
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
PUD - Planned Unit Development
Parking
34 Spaces (4.32 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 30-37-25-0A00-1422-0000 | Improvements Assessment | $772,878 CAD |
| Land Assessment | $154,213 CAD | Total Assessment | $927,091 CAD |
Property Taxes
Parcel Number
30-37-25-0A00-1422-0000
Land Assessment
$154,213 CAD
Improvements Assessment
$772,878 CAD
Total Assessment
$927,091 CAD
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