For Sale
$6,000,000

116 Parsons Park DrBrandon, FL 33511

High-yield AdventHealth NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
117

Highlights

  • $6,000,000 asking price for an 18,964 SF medical office building.
  • Net-leased to AdventHealth, a creditworthy tenant with an investment-grade rating.
  • 10-year lease with 5.4 years remaining, featuring 2.5% annual rent bumps.
  • Located in Brandon, FL (Tampa MSA), in a high-traffic medical corridor.
  • 6.5% cap rate with a strong NOI of $390,089 and 100% occupancy.
  • Fee simple ownership of a two-story building on a 3.87-acre lot, built in 2005.

Property Details for 116 Parsons Park Dr

Property type
Office properties, Medical offices
Square Feet
18,964 SF
Year Built
2005
Buildings
1
Stories
2
Lot Size (sq. ft)
168,577 SF
Units
1

Location Insight

City
Brandon
County
Hillsborough
State
Florida
Latitude
27.926757378339
Longitude
-82.284429524114
116 Parsons Park Dr, Brandon, Florida
Leaflet | © OpenStreetMap contributors

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.
116 Parsons Park Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size Select options
Please enter message