Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3900 Destination Pkwy Orlando, FL 32819

    For Sale
    Contact for pricing

    Class A Memory Care Facility, 100% Occupancy

    Property size:
    41,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a brand-new, Class A, 41,032 square foot memory care facility located in Orlando, Florida. Built in 2020, this single-building property sits on a 5.65-acre lot at 3900 Destination Pkwy, 32819, within Orange County. The facility boasts 64 beds and currently enjoys 100% occupancy, generating a substantial Net Operating Income (NOI) of $1,500,000. The sale is structured as a sale-leaseback with a 25-year triple-net (NNN) lease in place, providing long-term, stable cash flow. This is a highly desirable investment in a resilient sector, benefiting from a strong and growing demographic of seniors in the area, coupled with its proximity to key decision-makers. The property's location in an infill area of Orlando further enhances its value and potential for long-term appreciation. This is a rare opportunity to acquire a high-performing, modern memory care facility with a secure, long-term lease. The property's exceptional financial performance and strategic location make it an ideal addition to any portfolio seeking stable returns and significant growth potential within the senior housing market. The sale-leaseback structure minimizes operational responsibilities while maximizing financial returns.

    Property Features for 3900 Destination Pkwy

    General Information

    Property type
    Retirement homes
    Square Feet
    41,032 SF
    Class
    A
    Lot Size
    246,114 SF

    Building Details

    Year Built
    2020
    Buildings
    1

    HighLights

    • Brand new 25‑year NNN lease.
    • 100% occupied, sale‑leaseback opportunity.
    • Senior housing property; pandemic‑resistant and economically resilient sector.
    • Strong demographics with a substantial and growing younger population nearby.
    • Excellent location with close proximity to key decision‑makers.
    • Robust surrounding demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Clothing Store Hair Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4589725
    Latitude
    28.4238837

    Nearby Similar for Sale

    • $490,000
      1,501 SF

      Renovated Orlando Duplex Investment Opportunity

      Fully renovated duplex in Orlando with income potential.
      96 W Esther St, Orlando, FL 32806
      View Details
    • New
      $1,725,000
      4,121 SF

      Lakefront Estate with Development Potential

      Versatile estate on 11.5 acres with lake access and multiple residences.
      16692 Lake Pickett Rd, Orlando, FL 32820
      View Details
    • $1,799,000
      1,176 SF

      Orlando Multifamily Investment Opportunity

      Six townhouses in Orlando, ideal for investors, close to attractions.
      11110 Essex Ridge Ct, Orlando, FL 32837
      View Details
    • $1,300,000
      3,263 SF

      College Park Income-Producing Quadruplex

      Four-unit property in College Park, ideal for investors.
      2223 Amherst Ave, Orlando, FL 32804
      View Details
    • $525,000
      2,393 SF

      Orlando Duplex with Recent Remodel

      Remodeled Orlando duplex, each unit with 2 beds and 2 baths.
      4711 Eggleston Ave, Orlando, FL 32804
      View Details
    • $1,495,500
      3,453 SF

      Orlando Luxury Income Property

      New construction duplex near Orlando Health, generating rental income.
      239 E Harding St, Orlando, FL 32806
      View Details

    FAQs

    What type of property is this?
    Retirement home - Class A Memory Care Facility, 100% Occupancy
    Where is this retirement home located?
    The property is located at 3900 Destination Pkwy Orlando, FL.
    What are key features of this property?
    This property features: Brand new 25-year NNN lease.; 100% occupied, sale-leaseback opportunity.; Senior housing property; pandemic-resistant and economically resilient sector.
    Request Owner's contact information
    3900 Destination Pkwy Orlando, FL 32819
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3900 Destination Pkwy
    Orlando, FL 32819
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3900 Destination Pkwy Orlando, FL 32819
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.