Single-Tenant Office Medical
Florida Autism Center | New Location
4235 - 4245 Rachel Blvd, Spring Hill, FL 34607
Listing Price: $1,790,000
Cap Rate
7.40%
Tenant Name
Florida Autism Center
Years Remaining On Lease
4.6
Guarantor
Subsidiary of a Corporation
Rentable SF
5,046
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.25
Investment Overview
Destination Driven Business Model
Provides for Great Stability and Stable Customer Base
Florida Autism Center | New Location
Investment Highlights
- Recent Acquisition for BlueSprig Pediatrics Inc. Blue Sprig Pediatrics, Inc., backed by NYSE: (KKR), acquired Florida Autism Center for $120MM Transaction in 2020
- Passive Ownership through NNN Lease Structure $167,000+ Spent on Recent Renovations
- Consistent Population Growth in Immediate Area 15% Growth Within a 10-Mile Radius over Past 12 Years
- Annual Rental Increases Provide Hedge Against Inflation 2.5% Annual Rental Increases Throughout Term and Options
- Rapidly Growing Industry Backed by Insurers Prevalence of Autism has Doubled since 2000
Single-Tenant Office Medical
Florida Autism Center | New Location
Listing Price: $1,790,000
Cap Rate
7.40%
Tenant Name
Florida Autism Center
Years Remaining On Lease
4.6
Guarantor
Subsidiary of a Corporation
Rentable SF
5,046
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.25
Investment Highlights
- Recent Acquisition for BlueSprig Pediatrics Inc. Blue Sprig Pediatrics, Inc., backed by NYSE: (KKR), acquired Florida Autism Center for $120MM Transaction in 2020
- Passive Ownership through NNN Lease Structure $167,000+ Spent on Recent Renovations
- Consistent Population Growth in Immediate Area 15% Growth Within a 10-Mile Radius over Past 12 Years
- Annual Rental Increases Provide Hedge Against Inflation 2.5% Annual Rental Increases Throughout Term and Options
- Rapidly Growing Industry Backed by Insurers Prevalence of Autism has Doubled since 2000
Investment Overview
Destination Driven Business Model Provides for Great Stability and Stable Customer Base
