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Office Medical

PRC Pain Center | 10-Year NNN Lease at COE | 3% Increases

1165 Dunlawton Ave, Port Orange, FL 32127

Listing Price: $1,110,000

Cap Rate
6.75%
Gross SF
3,290
Rentable SF
3,290
Price/Gross SF
$337.39
Occupancy
100.0%
Year Built
2010
Lot Size
3,290.00 acres

Investment Overview

• 10-Year Lease Extension to Commence at Close of Escrow
Tenant Agreeing to Long Term Commitment to this Location

• Landlord Friendly Lease Structure
Triple Net Lease Provides Ownership with Passive Investment

• Strong Operator with 20+ Year Historical Occupancy
Tenant has Eight Pain Center Locations and a Surgery Center
One of the Premier Pain Medicine Providers in Eastern/Central FL

• Strong Population Growth within Immediate Submarket
110,000+ within 5-Mile Radius

• Annual Rental Increases Provides Hedge Against Inflation
3% Annual Rental Increases Scheduled Throughout Current Term

• Ideal Location Within Close Proximity to Halifax Medical Center
Directly Adjacent to Main Medical Center in Port Orange

Investment Highlights

  • 10-Year Lease Extension to Commence at Close of Escrow - Tenant Agreeing to Long Term Commitment to this Location
  • Landlord Friendly Lease Structure - Triple Net Lease Provides Ownership with Passive Investment
  • Strong Operator with 20+ Year Historical Occupancy - Tenant has Eight Pain Center Locations and a Surgery Center - One of the Premier Pain Medicine Providers in Eastern/Central FL
  • Strong Population Growth within Immediate Submarket - 110,000+ within 5-Mile Radius
  • Annual Rental Increases Provides Hedge Against Inflation - 3% Annual Rental Increases Scheduled Throughout Current Term
  • Ideal Location Within Close Proximity to Halifax Medical Center - Directly Adjacent to Main Medical Center in Port Orange

Exclusively Listed By

Financing By

Office Medical

PRC Pain Center | 10-Year NNN Lease at COE | 3% Increases

Listing Price: $1,110,000

Cap Rate
6.75%
Gross SF
3,290
Rentable SF
3,290
Price/Gross SF
$337.39
Occupancy
100.0%
Year Built
2010
Lot Size
3,290.00 acres

Investment Highlights

  • 10-Year Lease Extension to Commence at Close of Escrow - Tenant Agreeing to Long Term Commitment to this Location
  • Landlord Friendly Lease Structure - Triple Net Lease Provides Ownership with Passive Investment
  • Strong Operator with 20+ Year Historical Occupancy - Tenant has Eight Pain Center Locations and a Surgery Center - One of the Premier Pain Medicine Providers in Eastern/Central FL
  • Strong Population Growth within Immediate Submarket - 110,000+ within 5-Mile Radius
  • Annual Rental Increases Provides Hedge Against Inflation - 3% Annual Rental Increases Scheduled Throughout Current Term
  • Ideal Location Within Close Proximity to Halifax Medical Center - Directly Adjacent to Main Medical Center in Port Orange

Investment Overview

• 10-Year Lease Extension to Commence at Close of Escrow Tenant Agreeing to Long Term Commitment to this Location • Landlord Friendly Lease Structure Triple Net Lease Provides Ownership with Passive Investment • Strong Operator with 20+ Year Historical Occupancy Tenant has Eight Pain Center Locations and a Surgery Center One of the Premier Pain Medicine Providers in Eastern/Central FL • Strong Population Growth within Immediate Submarket 110,000+ within 5-Mile Radius • Annual Rental Increases Provides Hedge Against Inflation 3% Annual Rental Increases Scheduled Throughout Current Term • Ideal Location Within Close Proximity to Halifax Medical Center Directly Adjacent to Main Medical Center in Port Orange

Exclusively Listed By

Financing By

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