You are browsing as a guest. Register to access key data for free.
Property profile

1625 Unity NW Way Winter Haven, FL 33881

OFF-MARKET
Medical Office Space
Property ID
US19-0877064
View Sample
7,100 SF 0.81 ac lot Built 1996
Individually Owned Free & Clear

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,416 square foot medical office building in Winter Haven, Florida, fully occupied by DaVita Dialysis under a modified triple-net (NNN) lease. The lease, guaranteed by DaVita Inc., a Fortune 500 company, boasts a remaining term of 7.4 years with two, five-year renewal options and a 10% rent increase every five years. The property, built in 1996 and extensively renovated in 2024, sits on a 0.81-acre lot and features one single-story building. The current annual net operating income (NOI) is $140,580, representing a 6.25% cap rate and a price per square foot of $350.57. The asking price is $2,249,280. Significant recent renovations, estimated at $433,000, included tenant improvements, HVAC replacement, plumbing and electrical upgrades, and parking lot repairs. The property enjoys a prime location near Highway 17, with high daily traffic counts, and benefits from strong demographics, including proximity to Winter Haven Hospital and LEGOLAND Florida. This offering provides a secure, long-term investment with a resilient tenant in a thriving Central Florida market. The lease's corporate guarantee and built-in rent escalations offer significant financial stability and growth potential. This is an ideal opportunity for investors seeking a low-risk, high-return investment in the healthcare sector.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Total area 7,100 SF
Lot 0.81 ac (35,105 SF)
APN 262820560500000041
UPID US19-0877064

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$2.31M

Owner & transaction history

since 2025
Last sale
$2.1M
4 recorded transactions
2025
$2.0M
2020
$2.1M
2016
$2.0M
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.3M +6.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1625 Unity NW Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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