Turnkey Medical Office in
11373 CORTEZ Blvd 409 Brooksville, FL 34613
11373 CORTEZ Blvd 409, Brooksville, FL, 34613
$575,000
For Sale
$575,000
Top-floor medical office suite in HCA Oak Hill Hospital.
Property Size2,070 SF
Lot Size0.02 Acres
Price / SF$277.78
Days on Market134
Property Features for 11373 CORTEZ Blvd 409
General Information
- Standard status
- Active
- Size
- 2,070 SF
- Lot size
- 0.02 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1992
Listing agency
IMPACT REALTY TAMPA BAY
(917) 600-3549
Listed by
Zaida Medina · License #3565444
(917) 600-3549
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:04PM Checked: Jul 22 at 9:22AM
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 IMPACT REALTY TAMPA BAY
Investment Insights
Based on property information with market context.
This 2,070 sq. ft. medical office suite is located on the top floor of HCA Oak Hill Hospital in Brooksville, FL. The space features 7 exam rooms, 2 separate waiting rooms (each with private entrance and shared exit), a spill-over waiting area, a large nurses station, lab, break room, IT and utility closets, and 3 bathrooms, including a private ensuite with shower in the physician’s office. Additional features include a newer water heater and low monthly maintenance. The design is suitable for multi-provider use or a high-volume practice. The location is situated off Cortez Blvd/State Road 50, within a well-established medical hub. The annual average daily traffic count on SR-50/Cortez Blvd. in 2024 is 42,500. New residential communities and apartment complexes are nearing completion in Hernando County.
Key Highlights
- Prime top‑floor location within HCA Oak Hill Hospital, offering high visibility and traffic.
- Fully built‑out, turnkey 2,070 sq. ft. medical office suite with 7 exam rooms, multiple waiting areas, and a large nurses station.
- Ideal for multi‑provider use or high‑volume practice due to its thoughtful design and layout.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $16.80 |
| − Vacancy | −$3.0k | −$1.43 |
| EGI | $31.8k | $15.37 |
| − OpEx | −$12.7k | −$6.15 |
| NOI | $19.1k | $9.22 |
2,070 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$272.7K
$238.7K – $318.2K
NOI $19,092 @ 7.0% cap · market cap 3.32%
Second Best
Office B
$199.6K
$174.6K – $232.8K
NOI $13,969 @ 7.0% cap · market cap 2.43%
Theoretical Best
Office A
$471.5K
$412.6K – $550.1K
NOI $33,007 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Sanjay H. ...
Physician
Ward Thomas G ...
Ophthalmologist
Dolfi Herscovici, Jr., ...
Physician
Good Shepherd Medical ...
Medical Clinic
Access Health Care
Physician
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FAQs
What type of property is this?
Medical Office Space - Top-floor medical office suite in HCA Oak Hill Hospital.
Where is this medical office space located?
The property is located at 11373 CORTEZ Blvd 409 Brooksville, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime top‑floor location within HCA Oak Hill Hospital, offering high visibility and traffic.; **Fully built‑out, turnkey 2,070 sq. ft. medical office suite with 7 exam rooms, multiple waiting areas, and a large nurses station.**; Ideal for multi‑provider use or high‑volume practice due to its thoughtful design and layout.
