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Investment Highlights

  • 5.47% CAP Rate - Single Tenant - National Credit Medical Tenant
  • Lease NNN with 4 +/- years left on the initial term 7 year lease with two 3 year options.
  • UF Medical Plaza Directly Across from UF Health Leesburg Hospital

Executive Summary

5.47% CAP - Medical Income Property in UF Medical Plaza - Offering is for a 4,028+/- SF single tenant Medical Bldg in a medical park directly across and in font of the University of Florida Health at Leesburg Hospital. Tenant is UF Health Cardiology. Lease is NNN with 4 +/- years left on the initial term 7 year lease with two 3 year options. Building and property are very attractive and meticulously maintained. Site is a corner lot .53+/- acre located at Doctors Court and Medical Plaza. The UF Medical plaza is large with attractive and well maintained buildings, properties and parking lots. Located an hour from Gainesville, Orlando or Tampa and minutes to The Villages. Shown by appointment only. DO NOT ENTER building without an appointment. Listing agent will accompany. All information provided herein is believed to be accurate and correct but is not guaranteed or warranted and subject to change without notice. Excellent Central Florida Investment Opportunity !!

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,028 SF
Building Class
B
Year Built
1997
Price
$1,740,244 CAD
Price Per SF
$432.04 CAD
Cap Rate
5.47%
NOI
$95,191 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,028 SF
Building FAR
0.17
Lot Size
0.53 AC
Zoning
Medical
Parking
16 Spaces (3.97 Spaces per 1,000 SF Leased)

Amenities

  • Wi-Fi
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
25-19-24-1050-000-00300
Land Assessment
$334,120 CAD
Improvements Assessment
$783,981 CAD
Total Assessment
$1,118,101 CAD
  • Listing ID: 31739699

  • Date on Market: 2024-05-08

  • Last Updated:

  • Address: 700 Doctors Ct, Leesburg, FL 34748

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