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Office Medical

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

2720 Rebecca Ln, Orange City, FL 32763

Listing Price: $1,476,000

Cap Rate
6.75%
Gross SF
4,376
Rentable SF
4,376
Price/Gross SF
$337.29
Occupancy
100.0%
Year Built
2003
Lot Size
0.10 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
103,000+ 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 Hospital
1.2 Miles Away from Advent Health Fish Memorial
Recent Increase from 175 to 225 Beds

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 - 103,000+ 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 Hospital - 1.2 Miles Away from Advent Health Fish Memorial - Recent Increase from 175 to 225 Beds

Exclusively Listed By

Office Medical

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

Listing Price: $1,476,000

Cap Rate
6.75%
Gross SF
4,376
Rentable SF
4,376
Price/Gross SF
$337.29
Occupancy
100.0%
Year Built
2003
Lot Size
0.10 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 - 103,000+ 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 Hospital - 1.2 Miles Away from Advent Health Fish Memorial - Recent Increase from 175 to 225 Beds

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 103,000+ 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 Hospital 1.2 Miles Away from Advent Health Fish Memorial Recent Increase from 175 to 225 Beds

Exclusively Listed By

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