Medical Office Space with Absolute NNN
For Sale
Contact for pricing
Pending
17560 US-441, Mount Dora, FL 32757
Occupied by a multi-specialty eyecare practice with a long-term lease and renewal options.
Property SizeContact for details
Days on Market142
Property Features for 17560 US-441
General Information
Standard status
Pending
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Northmarq - Tulsa
(918) 494-2690
Listed By:
Toby Scrivner · License #TX #452773
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 10:44AM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
The medical office property at 17560 US-441 in Mount Dora is operated by Mid Florida Eye Center, a multi-specialty eyecare practice with 12 physicians providing 9 specialty services. MFEC has operated for over 30 years and maintains a network of 6 clinics across four cities in Central Florida.
The property is leased to Eyecare Services Partners Management, LLC under an absolute triple net master lease. More than 10 years remain on the initial term, followed by two six-year renewal options. Contractual annual rent escalations are set at 2.85% during the initial term and renewal periods. The lease assigns landlord maintenance obligations to the tenant, subject to the stated lease terms.
The property is leased to Eyecare Services Partners Management, LLC under an absolute triple net master lease. More than 10 years remain on the initial term, followed by two six-year renewal options. Contractual annual rent escalations are set at 2.85% during the initial term and renewal periods. The lease assigns landlord maintenance obligations to the tenant, subject to the stated lease terms.
Key Highlights
- Absolute triple net master lease with more than 10 years remaining
- Two successive renewal options, each providing six additional years
- 2.85% annual rent escalations during the initial term and renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32757, FL
30,315
Population
14,625
Households
2.1
Avg Household Size
49
Median Age
36%
College-Educated
92%
High-School Grad
35.3 sq mi
ZIP Area
859
Density / Sq Mi
$73,327
Median Household Income
$40,565
Median Earnings
$1,474
Median Rent
$325,800
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Occupied by a multi-specialty eyecare practice with a long-term lease and renewal options.
Where is this medical office space located?
The property is located at 17560 US-441 Mount Dora, FL.
What are key features of this property?
This property features: Absolute triple net master lease with more than 10 years remaining; Two successive renewal options, each providing six additional years; 2.85% annual rent escalations during the initial term and renewal options
