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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
4.7
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

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

Exclusively Listed By

Financing By

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
4.7
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

Exclusively Listed By

Financing By

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