Cape Coral Medical Office Investment

$4,951,088
For sale
14379 Property ID
9,244 SqFt Size

Description

This medical office investment in Cape Coral, FL offers a long-term NNN lease with strong financial performance and modern construction.

Investment Highlights

  • Established Operator – The property is occupied by a strong regional ophthalmology operator with multiple locations across Florida, Georgia, and South Carolina, providing reliable tenancy.
  • Long-Term Lease Stability – With more than nine years remaining on the lease, investors gain predictable and secure income.
  • True NNN Lease Structure – The tenant covers all CAM, insurance, and tax obligations, making this medical office investment highly passive and attractive for remote owners.
  • 3% Annual Rent Escalators – Above-average rent increases support income growth and help offset inflation.
  • Attractive Depreciation Benefits – Bonus depreciation opportunities via cost segregation may provide notable tax advantages (verify with a CPA).
  • Modern, High-Quality Construction – Built in 2020 with institutional-level finishes, the asset requires minimal near-term capital expenditures.
  • Located in a Tax-Friendly State – Florida’s lack of personal income tax creates additional financial incentives for investors.
  • Amortized CapEx Recovery – The lease allows reimbursement of amortized capital expenditures, enhancing long-term returns.

Address

  • Address Cape Coral, FL
  • Country United States
  • Province/State
  • City/Town
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Overview

  • Property ID 14379
  • Price $4,951,088
  • Property Type
  • Property status
  • Year Built 2020
  • Size 9,244 SqFt
  • Sub Type Medical Office
  • Investment Type Net Lease
  • Lease Type NNN
  • Tenancy Single
  • Lease Term 10 years
  • Lease Commencement 02/14/2025
  • Lease Expiration 03/31/2035
  • Remaining Term 9.4 years
  • Price per SqFt $535.60
  • Cap Rate 6.25%
  • NOI $309,433
  • Buildings 1
  • Lot Size (acres) 1.49
  • Rent Bumps 3% Annual
  • Broker Co-Op Yes
  • Lease Options 3, 5-Year Options
  • Ground Lease No

Contact

Juliette Guirguis

Property Agent

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