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605 Medical Care Dr 605 Medical Care Dr 3,018 SF Office Building Brandon, FL 33511 $1,807,754 CAD ($598.99 CAD/SF) 6.73% Cap Rate
Investment Highlights
- 3,018 SF medical office building with a turnkey layout.
- Two additional five-year extension options ensure long-term stability.
- Stable, predictable cash flow from day one of ownership.
- Tenant is a well-established physician with a proven track record.
- 7.5 year ABS NNN sale-leaseback at $29/SF, providing immediate income.
Executive Summary
This offering features a 3,018-square-foot medical office at 605 Medical Care Drive, Brandon, FL. It will be delivered with a 7.5 year ABS NNN sale-leaseback
at $29 per square foot, with HOA fees as the only landlord expense. The well-established physician tenant has two 7.5 year extension options. Hands free investment Located right next to HCA Brandon Hospital in a major medical corridor, it’s only an 18-minute drive from downtown Tampa. This is a turnkey opportunity for stable cash flow in a high demand location
at $29 per square foot, with HOA fees as the only landlord expense. The well-established physician tenant has two 7.5 year extension options. Hands free investment Located right next to HCA Brandon Hospital in a major medical corridor, it’s only an 18-minute drive from downtown Tampa. This is a turnkey opportunity for stable cash flow in a high demand location
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
3,018 SF
Building Class
B
Year Built
2002
Price
$1,807,754 CAD
Price Per SF
$598.99 CAD
Cap Rate
6.73%
NOI
$121,662 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,018 SF
Zoning
CG, Brandon
Parking
20 Spaces (6.63 Spaces per 1,000 SF Leased)
1 1
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | U-27-29-20-ZZZ-000002-65000.3 | Improvements Assessment | $962,386 CAD |
| Land Assessment | $138 CAD | Total Assessment | $962,524 CAD |
Property Taxes
Parcel Number
U-27-29-20-ZZZ-000002-65000.3
Land Assessment
$138 CAD
Improvements Assessment
$962,386 CAD
Total Assessment
$962,524 CAD
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