Prime Medical Office
For Sale
Contact for pricing
405 Lionel Way, Davenport, FL 33837
Class A medical office building near AdventHealth Heart of Florida.
Property Size9,253 SF
Price / SF$475.52
Days on Market151
Property Features for 405 Lionel Way
General Information
Standard status
Active
Size
9,253 SF
Class
A
Property subtype
Office
Zoning
PIC-NR
Building Details
Year Built
2018
Listing Agency:
Newmark - New York Headquarters
(215) 872-9903
Listed By:
John Nero · License #NY
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Aug 8 at 2:48PM
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 Newmark - New York Headquarters
Investment Insights
Based on property information with market context.
The PrimeMed Davenport MOB is a Class A medical office building and procedure center, newly developed in 2018. The property features 9,253 rentable square feet. The space includes a cath lab, imaging facilities, exam rooms, and physician office spaces. The single-tenant asset is subject to a long-term, absolute-net lease with 5.5 years remaining and 3% fixed annual escalations to Comprehensive Cardiovascular Specialists. This leading regional cardiovascular specialty practice has three board-certified physicians practicing out of two locations in the Greater Orlando area. PrimeMed Davenport is strategically located adjacent to the campus of AdventHealth Heart of Florida Hospital, a licensed 202-bed acute care facility. Each physician in the tenant practice has hospital privileges at the AdventHealth Heart of Florida. The asset sits within a medical hub surrounded by several supporting outpatient healthcare facilities with uses that include cardiology, surgery, oncology and pharmacy space. The property has frontage on both Lionel Way and U.S. Highway 27, a major north-south thoroughfare providing access throughout Polk County and continuing to Miami to the South and Tallahassee to the north. The property is being offered on a fee-simple basis without any ground lease.
Key Highlights
- State‑of‑the‑art Class A medical office building and procedure center built in 2018.
- Long‑term, absolute‑net lease with 5.5 years remaining and 3% fixed annual escalations.
- Single‑tenant asset leased to Comprehensive Cardiovascular Specialists, a leading regional cardiovascular specialty practice.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical office building near AdventHealth Heart of Florida.
Where is this medical office space located?
The property is located at 405 Lionel Way Davenport, FL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: State‑of‑the‑art Class A medical office building and procedure center built in 2018.; Long‑term, absolute‑net lease with 5.5 years remaining and 3% fixed annual escalations.; Single‑tenant asset leased to Comprehensive Cardiovascular Specialists, a leading regional cardiovascular specialty practice.
