Medical Sale-Leaseback
For Sale
Contact for pricing
Pending
1503 South McCall Road, Englewood, FL 34223
Three medical properties are leased under new five-year NNN terms with scheduled renewals and annual rent escalations.
Property Size6,137 SF
Days on Market58
Property Features for 1503 South McCall Road
General Information
Standard status
Pending
Size
6,137 SF
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Sale/Leaseback
Net Operating Income
$53,783
Building Details
Year Built
1974
Buildings
3
Tenancy
Multi
Listing Agency:
Wisdom Capital Group
Listed By:
Brady Wisdom · License #SL3588056
Source:
Crexi
Added: Jun 29
Changed: Aug 8
Last Checked: Aug 7 at 10:43AM
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 Wisdom Capital Group
Investment Insights
Based on property information with market context.
The HandWorks Sale-Leaseback Portfolio offers a three-property medical investment with brand-new five-year triple net (NNN) leases executed at closing. Each property is leased to an established healthcare practice under a sale-leaseback structure designed to place lease administration responsibility on the tenant, with no landlord responsibilities stated for the new agreements. The leases include two five-year renewal options and provide for 2% annual rent escalations over the initial term and renewal periods.
This portfolio is positioned as a medical real estate holding where the operating practice will continue using the locations following closing, with the tenant planning to remain in place and later pursue a sale of the practice in the future. The offering is for the three medical properties together, listed as a single portfolio.
For net lease buyers and investors seeking contracted healthcare tenancy, the structure provides immediate occupancy under new NNN leases, along with built-in rent growth tied to the lease escalations. With two extended renewal options included, the leases are structured to support long-term occupancy beyond the initial five-year term, subject to renewal decisions under the lease provisions.
This portfolio is positioned as a medical real estate holding where the operating practice will continue using the locations following closing, with the tenant planning to remain in place and later pursue a sale of the practice in the future. The offering is for the three medical properties together, listed as a single portfolio.
For net lease buyers and investors seeking contracted healthcare tenancy, the structure provides immediate occupancy under new NNN leases, along with built-in rent growth tied to the lease escalations. With two extended renewal options included, the leases are structured to support long-term occupancy beyond the initial five-year term, subject to renewal decisions under the lease provisions.
Key Highlights
- Three medical properties leased to an established healthcare practice under new five‑year triple net (NNN) terms
- At closing, tenant will execute new five‑year NNN leases on all three properties
- Includes two five‑year renewal options on the leases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 34223, FL
19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Three medical properties are leased under new five-year NNN terms with scheduled renewals and annual rent escalations.
Where is this nnn property located?
The property is located at 1503 South McCall Road Englewood, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Three medical properties leased to an established healthcare practice under new five‑year triple net (NNN) terms; At closing, tenant will execute new five‑year NNN leases on all three properties; Includes two five‑year renewal options on the leases
