Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the build-to-suit medical office development pads located in Clermont, FL. The two fully entitled development pad sites consist of Building-5, 5,050 SF, and Building-3, 2,737 SF. These pads are ideally located in a 5 pad medical office park directly off US Hwy-27 (21,700 VPD). Located just 5-miles from South Lake Hospital Joe H. & Loretta Scott Health Pavilion (24/7, 12-bed emergency department), this location offers extensive access a wide range of resources. 15-Miles away lies the Orlando Health South Lake Hospital which is the largest hospital in Clermont(140-Beds) and is currently in the process of expansion. By the end of 2023, the Orlando Health South Lake Hospital will have an additional 95-bed patient tower and an expanded intensive care unit. The Orlando, Florida MSA is one of the fastest growing metros in the entire United States with a population just under 2.7 Million people. In the last ten years, Orlando’s population has increased by over half a million people with a growth rate of more than 22% when compared to 2010. The Orlando metro is expected to add more than 200,000 people in the next five years which will equate to roughly 90,000 residential households. Clermont, Florida is soon to be one of the newest tourist designations that the Orlando MSA has to offer. After several years of planning, the master development plan for Olympus is finally under way and scheduled to be finished by 2025 directly across from Hwy 27. This development will include "1,000 residential units, 1,300 hotel rooms, and over a million square feet of sports and entertainment venues."