Office Medical
NNN MOB | 100% Occupied | Hospital Adjacent
500 Health Blvd, Daytona Beach, FL 32114
Listing Price: $3,263,000
Cap Rate
7.15%
Gross SF
8,864
Rentable SF
8,864
Price/Gross SF
$368.12
Occupancy
100.0%
Year Built
2004
Lot Size
1.04 acres
Investment Overview
NNN MOB | 100% Occupied | Hospital Adjacent
NNN MOB | 100% Occupied | Hospital Adjacent
Investment Highlights
- NATIONAL & REGIONAL TENANTS: 100% Occupied by Florida Autism (BlueSprig Pediatrics, Inc.) and Foundation for Sickle Cell Disease
- HOSPITAL ADJACENT: Directly Adjacent to Halifax Hospital | Less Than a Mile Away
- FAVORABLE LEASE STRUCTURES: Triple Net (NNN) Leases Allow for Expense Reimbursements and Passive Ownership
- PRIME LOCATION: Located in the Main Medical Parkway with Limited Vacancy
- ANNUAL RENTAL INCREASES: 3% Rental Increases for Both Tenants Throughout Term and Option
- MARKET DEMOGRAPHICS: 147,000+ People Within a 5-Mile Radius | 5% Projected Population Growth from 2020 to 2028
- SIGNIFICANT RECENT CAPEX : $397,000+ Spent on Exterior and Interior Renovations to Benefit Tenants
- DESTINATION DRIVEN MEDICAL OPERATORS: Provides Landlord with Strong Tenant Security
Exclusively Listed By
Listing Price: $3,263,000
Cap Rate
7.15%
Gross SF
8,864
Rentable SF
8,864
Price/Gross SF
$368.12
Occupancy
100.0%
Year Built
2004
Lot Size
1.04 acres
Investment Highlights
- NATIONAL & REGIONAL TENANTS: 100% Occupied by Florida Autism (BlueSprig Pediatrics, Inc.) and Foundation for Sickle Cell Disease
- HOSPITAL ADJACENT: Directly Adjacent to Halifax Hospital | Less Than a Mile Away
- FAVORABLE LEASE STRUCTURES: Triple Net (NNN) Leases Allow for Expense Reimbursements and Passive Ownership
- PRIME LOCATION: Located in the Main Medical Parkway with Limited Vacancy
- ANNUAL RENTAL INCREASES: 3% Rental Increases for Both Tenants Throughout Term and Option
- MARKET DEMOGRAPHICS: 147,000+ People Within a 5-Mile Radius | 5% Projected Population Growth from 2020 to 2028
- SIGNIFICANT RECENT CAPEX : $397,000+ Spent on Exterior and Interior Renovations to Benefit Tenants
- DESTINATION DRIVEN MEDICAL OPERATORS: Provides Landlord with Strong Tenant Security
Investment Overview
NNN MOB | 100% Occupied | Hospital Adjacent
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
