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Four-Building Medical Office Portfolio
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6412 W Gulf To Lake Hwy, Crystal River, FL 34429

Fully occupied medical portfolio with NNN leases and established gastroenterology and ASC operations.

Property Size22,366 SF
Price / SF$514.17
Days on Market19

Property Features for 6412 W Gulf To Lake Hwy

General Information

Standard status Active
Size 22,366 SF
Class A
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $820,560

Building Details

Year Built 1993
Year Renovated 2019
Buildings 4
Tenancy Multi
Listing Agency: Zeustra Healthcare Real Estate Advisors
Listed By: Ryan Lupo · License #NJ 2189708
Source: Crexi
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 29 at 7:16PM

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 Zeustra Healthcare Real Estate Advisors

Investment Insights

Based on property information with market context.

This Florida medical office portfolio comprises four buildings totaling approximately 22,366 square feet across campuses in Crystal River and Inverness. The properties support gastroenterology, endoscopy, and ambulatory surgical center operations, with specialized infrastructure integrated into the tenants’ healthcare functions. The portfolio was built in 1993 and is 100% occupied.

Lease commitments include a new 10-year NNN agreement with Gastroenterology Associates of Citrus County, featuring 2.5% annual increases, while both endoscopy center leases with AMSURG extend through 2031. Gastroenterology Associates has served Citrus County since 1985, and AMSURG operations within the portfolio date to 1995. The combined assets offer established medical tenancy across two Florida campuses with long-term contractual occupancy.

Key Highlights

  • Four‑building portfolio totaling approximately 22,366 square feet
  • 100% occupied across two established Florida campuses
  • New 10‑year NNN lease with 2.5% annual increases

Property Analytics

Current Use

Citrus Endoscopy and Surgery ... Medical Clinic Endoscopy Center Medical Clinic Dr. Purnachander R. ... Physician Lauren Shaw Physician Drs. P.R. Bikkasani Physician

Suggested Use

Top Pick Restaurant Law Firm Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale Store

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

357
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34429, FL

8,837
Population
5,458
Households
1.6
Avg Household Size
60
Median Age
25%
College-Educated
90%
High-School Grad
41.4 sq mi
ZIP Area
213
Density / Sq Mi
$57,716
Median Household Income
$36,577
Median Earnings
$1,070
Median Rent
$220,300
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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Similar Off Market Nearby

  • Meadowcrest Animal Hospital 6029 W Nordling Loop, Crystal River, FL 34429

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully occupied medical portfolio with NNN leases and established gastroenterology and ASC operations.
Where is this medical office space located?
The property is located at 6412 W Gulf To Lake Hwy Crystal River, FL.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Four‑building portfolio totaling approximately 22,366 square feet; 100% occupied across two established Florida campuses; New 10‑year NNN lease with 2.5% annual increases
More about this property
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