810 Mills Ave Arcadia, FL 34266
Arcadia, FL - Net Lease Investment
Property size:
2,055 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 361
Property Features for 810 Mills Ave
General Information
- Property type
- Medical offices
- Square Feet
- 2,055 SF
- Class
- B
- Lot Size
- 14,985 SF
Building Details
- Year Built
- 1992
- Buildings
- 1
- Stories
- 1
HighLights
- Fully leased 2,055 SF Class B medical office building in Arcadia, FL.
- Net lease investment opportunity with a 7‑year NNN lease (9/1/2023 - 8/31/2030), including 2% annual rent increases and three 3‑year options.
- 100% occupancy with a single tenant; $41,100 NOI, 6.75% cap rate, $608,888 asking price ($296.30/SF).
- Located at 810 N Mills Ave on a 0.34‑acre lot, built in 1992; Landlord responsible for roof and structure.
- Excellent access to DeSoto Memorial Hospital; APN: 30‑37‑25‑0168‑00K00150; Sale‑leaseback transaction.
Property Profile
Location Intelligence
Current Use by Public Records
Mohan Narayanan PA
Gastroenterologist
Jordan Panicco, DPM
Podiatrist
AMA Health Providers
Medical Group
Alexander Troum, DO
Gastroenterologist
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Desoto
- State
- Florida
- Longitude
- -81.852904312467
- Latitude
- 27.224404452317
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - Arcadia, FL - Net Lease Investment
Where is this medical office located?
The property is located at 810 Mills Ave Arcadia, FL.
What is the asking price?
The asking price for this property is $608,888.
What are key features of this property?
This property features: Fully leased 2,055 SF Class B medical office building in Arcadia, FL.; Net lease investment opportunity with a 7-year NNN lease (9/1/2023 - 8/31/2030), including 2% annual rent increases and three 3-year options.; 100% occupancy with a single tenant; $41,100 NOI, 6.75% cap rate, $608,888 asking price ($296.30/SF).