Orlando Medical Office Investment
Description
This Orlando medical office investment presents a single-tenant medical office opportunity in Orlando, Florida, offering stable income with a modified lease structure and built-in rent growth. The property contains approximately 5,215 square feet and is fully occupied, providing reliable cash flow supported by an established medical use. With a remaining lease term of over three years and two additional five-year renewal options, the asset offers both near-term income and long-term flexibility for investors seeking exposure to the Orlando healthcare real estate market.
Investment Highlights
- Excellent Location & Visibility
Situated near a major retail corridor anchored by national retailers, the property benefits from strong visibility, convenient access, and excellent connectivity to surrounding roadways serving the greater Orlando area. - Strong Demographics
The surrounding five-mile trade area features dense residential neighborhoods and affluent households with six-figure average incomes, supporting consistent demand for medical and healthcare services.
Address
Overview
- Property ID 14643
- Price $3,750,000
- Property Type Business, Office
- Property status For sale
- Year Built 2010
- Size 5,215 SqFt
- Sub Type Medical Office
- Lease Type Modified
- Tenancy Single
- Lease Term 5 years
- Lease Commencement 04/30/2024
- Lease Expiration 04/30/2029
- Remaining Term 3.3 years
- Cap Rate 8.78%
- NOI $329,222
- Rent Bumps Yes
- Lease Options 2 (5-Year)
- Ownership Condominium Ownership
