This Lake Wales urgent care NNN investment offers a single-tenant medical property in Lake Wales, Florida, secured by an absolute triple-net lease structure. The asset delivers stable, hands-off income backed by a healthcare operator with a long-term commitment to the local market, making it an attractive option for investors seeking predictable cash flow.

The property is centrally positioned within Lake Wales and benefits from close proximity to a major regional hospital campus. This hospital-adjacent setting enhances long-term re-tenantability and appeal to a wide range of medical users, supporting durable demand throughout the lease term and beyond.

Lake Wales is experiencing significant residential expansion, with tens of thousands of new housing units approved for development. This rapid population growth is expected to drive sustained demand for medical and urgent care services, strengthening the long-term fundamentals of the surrounding trade area.

The tenant operates within the rapidly expanding urgent care sector, a segment that continues to gain market share as patients seek convenient and cost-effective alternatives to emergency rooms. This shift in healthcare delivery supports strong utilization trends, particularly in growing and underserved communities like Lake Wales.

The investment is structured as an absolute NNN lease, with the tenant responsible for all operating expenses, capital items, taxes, and insurance. Annual rent escalations provide built-in income growth, offering investors an effective hedge against inflation and a steadily increasing revenue stream over the remaining lease term.

Investment Highlights

• Absolute NNN lease with zero landlord responsibilities
• Approximately 7.4 years of remaining lease term
• 3% annual rent increases providing consistent income growth
• Single-tenant medical investment with 100% occupancy
• Fee simple ownership with depreciation benefits
• Recently renovated medical facility enhancing long-term usability

Location Highlights

• Rapid population growth supported by over 20,000 approved residential units
• Hospital-adjacent positioning supporting strong medical demand
• Established healthcare corridor with complementary medical users
• Favorable Florida market fundamentals, including no state income tax