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Single-Tenant Office Medical

Mid Florida Eye Center

5743 Williamsburg Ln, Wildwood, FL 34785

Listing Price: $7,232,000

Cap Rate
4.50%
Tenant Name
Eyecare Services Partners
Years Remaining On Lease
5.8
Guarantor
Corporate Guarantee
Rentable SF
8,705
Lease Type
Double Net
Rent Per Square Feet
$37.39

Investment Overview

Marcus & Millichap is pleased to present Mid Florida Eye Center, a truly rare investment opportunity for an investor to purchase a property with a proven track record of success in a quickly growing submarket of Wildwood, FL. This unique investment opportunity is ideally positioned in The Villages, the largest retirement community in the entire US boasting 130,000 residents. Additionally, this dense infill, high barrier to entry location sees 21,000 Cars Per Day and is directly off of US 44. The location has a growing built in customer base and the concept / asset class is perfectly linear to community needs & demand. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Enormous Rent Increases Serve as True Inflation Hedge - 3% Increases in Years 6 & 7 of Initial Lease Term
  • High Demand Asset Class - E-Commerce, Recession & Pandemic Fortified Tenant
  • Eye Care Specialists - 90 Eye Clinics & Surgery Centers Across Multiple States
  • Unprecedented Population Growth (2021-2026) - 32.82% - 1 mile, 27.81% - 3 miles, 25.98% - 5 miles
  • Ideally Located - The Villages: Largest Retirement Community in the Entire US Boasting 130,000 Residents
  • Booming Location - Perfectly Situated in the Heart of the Future Epicenter of the Villages With a Massive 25,000 Homes Under Development

Exclusively Listed By

Financing By

Single-Tenant Office Medical

Mid Florida Eye Center

Listing Price: $7,232,000

Cap Rate
4.50%
Tenant Name
Eyecare Services Partners
Years Remaining On Lease
5.8
Guarantor
Corporate Guarantee
Rentable SF
8,705
Lease Type
Double Net
Rent Per Square Feet
$37.39

Investment Highlights

  • Enormous Rent Increases Serve as True Inflation Hedge - 3% Increases in Years 6 & 7 of Initial Lease Term
  • High Demand Asset Class - E-Commerce, Recession & Pandemic Fortified Tenant
  • Eye Care Specialists - 90 Eye Clinics & Surgery Centers Across Multiple States
  • Unprecedented Population Growth (2021-2026) - 32.82% - 1 mile, 27.81% - 3 miles, 25.98% - 5 miles
  • Ideally Located - The Villages: Largest Retirement Community in the Entire US Boasting 130,000 Residents
  • Booming Location - Perfectly Situated in the Heart of the Future Epicenter of the Villages With a Massive 25,000 Homes Under Development

Investment Overview

Marcus & Millichap is pleased to present Mid Florida Eye Center, a truly rare investment opportunity for an investor to purchase a property with a proven track record of success in a quickly growing submarket of Wildwood, FL. This unique investment opportunity is ideally positioned in The Villages, the largest retirement community in the entire US boasting 130,000 residents. Additionally, this dense infill, high barrier to entry location sees 21,000 Cars Per Day and is directly off of US 44. The location has a growing built in customer base and the concept / asset class is perfectly linear to community needs & demand. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Exclusively Listed By

Financing By

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