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809 County Road 466
The Villages, FL 32159
Sunset Professional Plaza - Building C · Office Property For Sale
·
75,050 SF
INVESTMENT HIGHLIGHTS
- 8 Years Remaining | Recent Extension | Options to Extend | Annual Rental Increases | Established Brand
- Located Along County Rd 466 | Dense Retail Corridor | Rolling Acres Plaza (346,000+ SF) | Nearby Apartments & Schools
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- The Villages | Local Demographics in 5-mile Trade Area
EXECUTIVE SUMMARY
Strategically positioned along County Road 466, the property benefits from exceptional visibility with 24,500 vehicles per day and proximity to major retail anchors including Target, Publix, and Home Depot. The surrounding trade area is supported by over 103,000 residents and 27,000 employees, with an average household income of $97,425 within a 5-mile radius. The medical plaza is 100% occupied, and the unit’s dual entry points offer flexibility for multi-provider use. This fee-simple offering is ideal for passive investors seeking minimal landlord responsibilities, limited to structure and capital repairs. The site is surrounded by dense residential communities and educational institutions, including Oakleaf Village Apartments, Carmendy Square Townhomes, and The Villages Elementary School, enhancing patient traffic and long-term viability.
PROPERTY FACTS
| Total Building Size | 75,050 SF | Typical Floor Size | 75,050 SF |
| Property Type | Office (Condo) | Year Built | 2014 |
| Property Subtype | Medical | Tenancy | Single |
| Building Class | A | Lot Size | 0.09 AC |
| Floors | 1 | Parking Ratio | 0.53/1,000 SF |
| Zoning | RP - Residential Professional | ||
| Total Building Size | 75,050 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 75,050 SF |
| Year Built | 2014 |
| Tenancy | Single |
| Lot Size | 0.09 AC |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | RP - Residential Professional |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit C-101
| Unit Size | 3,105 SF | Cap Rate | 6.00% |
| Condo Use | Office | NOI | $96,320.91 CAD |
| Sale Type | Investment |
| Unit Size | 3,105 SF |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $96,320.91 CAD |
DESCRIPTION
- The tenant recently extended their lease by 8 years with 1 (5-year) option to extend, demonstrating their commitment to the site
The lease features 3% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
SALE NOTES
Located within the thriving medical corridor of Lady Lake, Florida, this single-tenant medical condo presents a rare opportunity to acquire a stabilized, income-producing asset backed by a corporate guaranty from UnitedHealth Group. The 3,780 SF unit is occupied by Optum Health under a NN lease with 8 years remaining and a 5-year extension option, reflecting long-term tenant commitment. The lease includes 3% annual rental increases, offering built-in NOI growth and inflation protection.
