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Leased Medical Office Building
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425 Nursing Home Drive, Arcadia, FL 34266

Medical office building is 100% leased with two 7-year tenant leases expiring in 2030 and 2031.

Property Size7,873 SF
Price / SF$340.78
Days on Market94

Property Features for 425 Nursing Home Drive

General Information

Standard status Active
Size 7,873 SF
Class B
Property subtype Office
Zoning Professional
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $185,788

Building Details

Year Built 2007
Tenancy Multi
Listing Agency: KW Commercial Phoenix/Glendale-Peoria
Listed By: Andrew Ostrander · License #AZ SA025914000
Source: Crexi
Added: Jun 4 Changed: Aug 31 Last Checked: Aug 31 at 8:47AM

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 KW Commercial Phoenix/Glendale-Peoria

Investment Insights

Based on property information with market context.

This for-sale medical office building is 100% leased, with two tenants occupying the property under 7-year leases. The leases are scheduled to expire in 2030 and 2031, and both include annual rent increases. The longer-occupying tenant accounts for about two-thirds of the space.

The building is located across from Desoto Memorial Hospital, which is affiliated with Tampa General.

The property consists of one medical office building with a tenant mix split between two leaseholders.

Key Highlights

  • Medical office building built in 2007
  • 100% leased to two tenants with 7‑year leases
  • Tenant leases expire in 2030 and 2031

Property Analytics

Current Use

Dr. Wael Alokeh, ... Physician Demler James W ... Physician Dr. Bassam Altajar, ... Physician Gapin Tracy B ... Physician Cary L Dunn ... Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Parts Store Big Box & Wholesale Store Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34266, FL

28,827
Population
12,302
Households
2.3
Avg Household Size
40
Median Age
10%
College-Educated
70%
High-School Grad
578.1 sq mi
ZIP Area
50
Density / Sq Mi
$47,414
Median Household Income
$33,827
Median Earnings
$907
Median Rent
$144,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building is 100% leased with two 7-year tenant leases expiring in 2030 and 2031.
Where is this medical office space located?
The property is located at 425 Nursing Home Drive Arcadia, FL.
What is the asking price?
The asking price for this property is $2,683,000.
What are key features of this property?
This property features: Medical office building built in 2007; 100% leased to two tenants with 7‑year leases; Tenant leases expire in 2030 and 2031
(623) 939-8900 Call to check price and availability
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