2010 Nightingale Ln Tavares, FL 32778-4361

Property Details for 2010 Nightingale Ln

Year built

2003

Construction

CONCRETE BLOCKS

Lot size

1.48 lot acres

Property size

10,697 SF

Property type

Office buildings

APN

21-19-26-0004-000-03200

APU

211926000400003200

Description

This exceptional 10,697 square foot Class B medical office building presents a compelling investment opportunity in Tavares, Florida. Located at 2010 Nightingale Ln, this single-tenant, 100% occupied property boasts a strong 4.88% cap rate and a substantial net operating income (NOI) of $122,109. The building, constructed in 2003, features four offices, eight exam rooms, a spacious waiting area, and dedicated X-Ray and imaging facilities. Additional amenities include a separate employee entrance, break room, doctor's office with shower, nurses' counter, and private/public restrooms. The property sits on a 1.48-acre lot zoned C-1, offering excellent visibility and accessibility from Highway 441. Ample parking is available, and the building benefits from its prime location directly across from AdventHealth Waterman Hospital, ensuring convenient access for patients and staff. The current tenant, a credit-rated entity, is under a triple net (NNN) lease, minimizing landlord responsibilities. This stabilized investment offers a compelling opportunity for owner-users or investors seeking a high-performing medical office asset in a thriving market. The building's strategic location and strong tenant occupancy make it an attractive prospect for long-term growth and return on investment. The asking price is $2,500,000, translating to $233.71 per square foot.

Location Insight

City

Tavares

County

Lake

State

Florida

Longitude

-81.7147

Latitude

28.8209

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments