Net-Lease Pediatric Medical
181 Sabal Palm Drive Longwood, FL 32779
181 Sabal Palm Drive, Longwood, FL, 32779
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For Sale
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Single-tenant pediatric medical office within a fully leased NNN portfolio featuring annual rent escalations.
Property Size3,640 SF
Price / SF$328.85
Days on Market55
Property Features for 181 Sabal Palm Drive
General Information
- Standard status
- Active
- Size
- 3,640 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1999
Listing agency
Peranich Huffman Net Lease Group
Listed by
Jonathan Peranich · License #9005448
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 12:59PM
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 Peranich Huffman Net Lease Group
Investment Insights
Based on property information with market context.
This offering includes 181 Sabal Palm Drive, a pediatric medical office property leased under a Triple Net (NNN) structure to Pediatric Associates. The asset is part of a 6-property Pediatric Associates Florida portfolio presented for sale, and all leases are described as fully leased to Pediatric Associates under NNN terms designed to minimize landlord responsibilities. The leases also include 3.00% annual rent escalations.
The property is located at 181 Sabal Palm Drive in Longwood, Florida, and is one component of a portfolio spanning Greater Orlando and Central Florida markets. The overall portfolio is concentrated across established suburban communities within the Orlando MSA and surrounding areas, where the remarks describe increasing healthcare demand.
For investors seeking net-lease exposure to an essential-service healthcare operator, Pediatric Associates is the stated tenant. The remarks note that the company was founded in 1955 and operates an extensive pediatric healthcare platform. The tenant is also described as the largest pediatric practice management company in the United States, with a Moody’s B2 Corporate Family Rating and Stable Outlook, supporting an opportunity for long-term, contractual tenancy under the portfolio’s NNN framework.
The property is located at 181 Sabal Palm Drive in Longwood, Florida, and is one component of a portfolio spanning Greater Orlando and Central Florida markets. The overall portfolio is concentrated across established suburban communities within the Orlando MSA and surrounding areas, where the remarks describe increasing healthcare demand.
For investors seeking net-lease exposure to an essential-service healthcare operator, Pediatric Associates is the stated tenant. The remarks note that the company was founded in 1955 and operates an extensive pediatric healthcare platform. The tenant is also described as the largest pediatric practice management company in the United States, with a Moody’s B2 Corporate Family Rating and Stable Outlook, supporting an opportunity for long-term, contractual tenancy under the portfolio’s NNN framework.
Key Highlights
- Single‑tenant pediatric medical office asset built in 1999 within a 6‑property net lease portfolio
- Fully leased to Pediatric Associates under Triple Net (NNN) lease structure
- All six leases include 3.00% annual rent escalations for built‑in contractual income growth
Local Financial Insights For Office B
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 | $87.4k | $24.00 |
| − Vacancy | −$14.9k | −$4.08 |
| EGI | $72.5k | $19.92 |
| − OpEx | −$18.1k | −$4.98 |
| NOI | $54.4k | $14.94 |
3,640 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$776.9K
$679.8K – $906.4K
NOI $54,382 @ 7.0% cap · market cap 4.54%
Second Best
Healthcare Medical
$741.3K
$648.7K – $864.9K
NOI $51,892 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.04M
$906.4K – $1.21M
NOI $72,509 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
First Choice Pediatrics ...
Pediatrician
Melissa Zegarra Bustamante
Pediatrician
Dr. Josue Cortes
Pediatrician
Katelyn Mayba
Pediatrician
Danielle Hernandez
Pediatrician
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FAQs
What type of property is this?
Medical Office Space - Single-tenant pediatric medical office within a fully leased NNN portfolio featuring annual rent escalations.
Where is this medical office space located?
The property is located at 181 Sabal Palm Drive Longwood, FL.
What is the asking price?
The asking price for this property is $1,197,000.
What are key features of this property?
This property features: Single‑tenant pediatric medical office asset built in 1999 within a 6‑property net lease portfolio; Fully leased to Pediatric Associates under Triple Net (NNN) lease structure; All six leases include 3.00% annual rent escalations for built‑in contractual income growth
