425 Nursing Home Drive Arcadia, FL 34266

Building Details

Year Built

2007

Listing agency KW Commercial Phoenix/Glendale-Peoria a***@cox.net Show Phone

Listed by Andrew Ostrander · License #AZ SA025914000

Source Crexi

Added: Jun 4 Updated: Jul 21 at 1:34PM Checked: Jul 21 at 1:34PM

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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

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FAQs

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 $2,654,000.

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