Hospital-Adjacent Medical
For Sale
Contact for pricing
Pending
1204 Carlton Ave, Lake Wales, FL 33853
Medical center leased under an absolute NNN structure with annual rent escalations and direct proximity to a hospital.
Property Size2,732 SF
Days on Market292
Property Features for 1204 Carlton Ave
General Information
Standard status
Pending
Size
2,732 SF
Property subtype
Office, Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Stabilized
Building Details
Year Built
1953
Year Renovated
2025
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Ryan Burke · License #412701
Source:
Crexi
Added: Nov 12, 2025
Changed: Aug 29
Last Checked: Aug 30 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This 2,732-square-foot medical center at 1204 Carlton Ave in Lake Wales, Florida, was built in 1953 and is operated as an urgent care facility. The property is leased to Swift Care Urgent Care under an 8-year agreement structured as absolute NNN, placing maintenance, taxes, insurance, and capital expenditures with the tenant.
The site is adjacent to AdventHealth Lake Wales Medical Center, providing direct proximity to an established hospital campus. Lease economics include 3% annual rent escalations. Lake Wales has approved more than 20,000 new residential units, with those projects projected to add over 42,000 residents over the coming years.
The site is adjacent to AdventHealth Lake Wales Medical Center, providing direct proximity to an established hospital campus. Lease economics include 3% annual rent escalations. Lake Wales has approved more than 20,000 new residential units, with those projects projected to add over 42,000 residents over the coming years.
Key Highlights
- 2,732‑square‑foot medical center at 1204 Carlton Ave, Lake Wales, FL 33853
- Operated as Swift Care Urgent Care
- 8‑year absolute NNN lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 33853, FL
12,404
Population
5,483
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
8.7 sq mi
ZIP Area
1,426
Density / Sq Mi
$40,938
Median Household Income
$35,470
Median Earnings
$965
Median Rent
$198,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Medical center leased under an absolute NNN structure with annual rent escalations and direct proximity to a hospital.
Where is this medical center located?
The property is located at 1204 Carlton Ave Lake Wales, FL.
What are key features of this property?
This property features: 2,732‑square‑foot medical center at 1204 Carlton Ave, Lake Wales, FL 33853; Operated as Swift Care Urgent Care; 8‑year absolute NNN lease
