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Tenant-Occupied Medical Office
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Contact for pricing

577 West New York Avenue, Lake Helen, FL 32744

Medical office property subject to a triple-net lease with scheduled increases and renewal options.

Property SizeContact for details
Days on Market18

Property Features for 577 West New York Avenue

General Information

Standard status Active
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Owner Occupied No
Listing Agency: Florida Business Exchange
Listed By: Bert Risdon · License #CQ1015635
Source: Crexi
Added: Aug 21 Changed: Sep 5 Last Checked: Sep 7 at 12:36PM

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 Florida Business Exchange

Investment Insights

Based on property information with market context.

This tenant-occupied medical office property is governed by a five-year triple-net lease beginning May 1, 2026. The agreement includes 3% annual rent increases and two additional five-year renewal options. The tenant is responsible for property taxes, insurance, and operating expenses under the lease structure, limiting the owner’s ongoing expense obligations.

The property is located at 577 West New York Avenue in Lake Helen, Florida, with access to Interstate 4 and the broader DeLand and Central Florida markets. Tenant identity and lease documents are available to qualified buyers. Property access and tours must be arranged through the listing broker, and direct contact with the tenant is not permitted.

Key Highlights

  • Five‑year NNN lease begins May 1, 2026
  • 3% annual rent increases under the lease
  • Two additional five‑year renewal options

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Nail Salon Auto Repair Shop HVAC Service

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

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32744, FL

3,789
Population
1,411
Households
2.7
Avg Household Size
51
Median Age
25%
College-Educated
89%
High-School Grad
13.6 sq mi
ZIP Area
279
Density / Sq Mi
$95,096
Median Household Income
$48,500
Median Earnings
$1,150
Median Rent
$371,100
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 property subject to a triple-net lease with scheduled increases and renewal options.
Where is this medical office space located?
The property is located at 577 West New York Avenue Lake Helen, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Five‑year NNN lease begins May 1, 2026; 3% annual rent increases under the lease; Two additional five‑year renewal options
More about this property
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