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Office Medical

Premier Medical Associates - 1511 Buenos Aires

1511 Buenos Aires Blvd, The Villages, FL 32159

Listing Price: $5,300,000

Cap Rate
5.00%
Rentable SF
7,800
Occupancy
100.0%
Year Built
2000
Lot Size
0.92 acres

Investment Overview

Marcus & Millichap is pleased to present a 100% occupied Single-Tenant Net Leased building anchored by a regional medical office tenant – Premier Medical Associates. Premier Medical Associates have 21 locations throughout the Central Florida area and have just signed a new 10-year lease to extend their lease. Premier Medical Associates has agreed to an absolute, triple-net lease starting at $34/sf with an annual rental increase of 1%. Any new owner would be able to begin collecting rental income with no landlord responsibilities. The building features over 7,800 sf and features a newly signed 10-year lease with three, five-year renewal options. The property is located just off of a main artery of The Villages, Florida – US 441/US27; This main artery features 39,500 vehicles per day.

Investment Highlights

  • Sale Lease-Back with a Triple-Net 10 Year Lease
  • Major Regional Medical Tenant!
  • Turnkey Operations and Immediate "Mailbox Income" With Zero Landlord Responsibilities!
  • 39500 VPD On US441/US27 with Excellent Frontage!

Exclusively Listed By

Financing By

Office Medical

Premier Medical Associates - 1511 Buenos Aires

Listing Price: $5,300,000

Cap Rate
5.00%
Rentable SF
7,800
Occupancy
100.0%
Year Built
2000
Lot Size
0.92 acres

Investment Highlights

  • Sale Lease-Back with a Triple-Net 10 Year Lease
  • Major Regional Medical Tenant!
  • Turnkey Operations and Immediate "Mailbox Income" With Zero Landlord Responsibilities!
  • 39500 VPD On US441/US27 with Excellent Frontage!

Investment Overview

Marcus & Millichap is pleased to present a 100% occupied Single-Tenant Net Leased building anchored by a regional medical office tenant – Premier Medical Associates. Premier Medical Associates have 21 locations throughout the Central Florida area and have just signed a new 10-year lease to extend their lease. Premier Medical Associates has agreed to an absolute, triple-net lease starting at $34/sf with an annual rental increase of 1%. Any new owner would be able to begin collecting rental income with no landlord responsibilities. The building features over 7,800 sf and features a newly signed 10-year lease with three, five-year renewal options. The property is located just off of a main artery of The Villages, Florida – US 441/US27; This main artery features 39,500 vehicles per day.

Exclusively Listed By

Financing By

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