511 E Bloomingdale Ave, Brandon, FL 33511
Six-property absolute NNN portfolio leased to American Veterinary Group under a master lease with renewal options and escalations.
- Added:
- Jun 5, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 20 at 5:27 am
Property Features for 511 E Bloomingdale Ave
General Information
- Standard status
- Active
- Size
- 37,489 SF
- Property subtype
- Retail
Listing agent Kirby Hayes License #TX 755222
Listing office JLL Austin
Listing date Jun 5, 2026
Source Crexi
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 JLL Austin
HighLights
- Six‑property portfolio totaling 37,489 SF of mission‑critical veterinary medical real estate
- 100% leased to American Veterinary Group under a single absolute‑NNN master lease
- Master lease includes 7.5 years weighted‑average lease term and four 5‑year renewal options
- Lease escalations are the lesser of 2.0% or 1.25x CPI
- Tenant‑level rent coverage reported at 9.6x
- Zero landlord responsibilities for roof, structure, taxes, or insurance
Overview
The properties are located across Florida (five) and North Carolina (one), with the address 511 E Bloomingdale Ave, Brandon, FL 33511 included in the offering. The remarks cite Florida markets including Haines City (+41% since 2020) and New Port Richey (+15% since 2020), and note the North Carolina asset sits within a high-income trade area in the Charlotte MSA.
For buyers seeking single-tenant healthcare-related real estate, this portfolio offers contractually growing rental streams backed by a master lease structure and multiple renewal opportunities. Investors also benefit from the absolute-NNN structure that limits landlord involvement to reduce operational obligations tied to major building expenses. Lease terms and escalations are designed to support long-duration occupancy with a consistent tenant profile under a guaranteed lease framework.
Local 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 | $1.01M | $27.00 |
| − Vacancy | −$89.1k | −$2.38 |
| EGI | $923.1k | $24.62 |
| − OpEx | −$369.3k | −$9.85 |
| NOI | $553.9k | $14.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brandon
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.2755983
- Latitude
- 27.8933707
