Veterinary Hospital Investment
For Sale
$2,100,000
3300 N HIGHWAY 19A, Mount Dora, FL 32757
Corporate-backed veterinary hospital with long-term NNN lease in place.
Property Size7,159 SF
Lot Size0.89 Acres
Price / SF$293.34
Days on Market98
Property Features for 3300 N HIGHWAY 19A
General Information
Standard status
Active
Size
7,159 SF
Lot size
0.89 Acres
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Blissful Real Estate
(407) 443-2628
Listed By:
Indra Kasireddy · License #3279384
(407) 443-2628
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 6:21AM
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 Blissful Real Estate
Investment Insights
Based on property information with market context.
This investment property features a corporate-backed Veterinary Hospital with approximately 7,159 rentable square feet on an estimated 0.89-acre parcel. The property benefits from strong visibility and accessibility along a major thoroughfare. Secured by a 20-year absolute Triple Net (NNN) lease that commenced on February 1, 2021, the property offers stable, passive income with minimal landlord responsibilities. The current annual base rent is $110,000, with scheduled 10% rental increases every five years, providing built-in income growth over the lease term. The property is located in Mount Dora. The walk score is 46, indicating car-dependent surroundings, and the bike score is 41, indicating somewhat bikeable conditions.
Key Highlights
- Corporate‑backed tenant provides investment security.
- 20‑year absolute NNN lease provides passive income with minimal landlord responsibilities.
- Current annual base rent of $110,000 ensures immediate cash flow.
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 | $189.0k | $26.40 |
| − Vacancy | −$18.9k | −$2.64 |
| EGI | $170.1k | $23.76 |
| − OpEx | −$68.0k | −$9.50 |
| NOI | $102.1k | $14.26 |
7,159 SF · lease $26.40/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.46M
$1.28M – $1.70M
NOI $102,059 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,607 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hospital - Corporate-backed veterinary hospital with long-term NNN lease in place.
Where is this hospital located?
The property is located at 3300 N HIGHWAY 19A Mount Dora, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Corporate‑backed tenant provides investment security.; 20‑year absolute NNN lease provides passive income with minimal landlord responsibilities.; Current annual base rent of $110,000 ensures immediate cash flow.
