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Single-Tenant Office Medical

Orlando Health

801 20th Ave E, Jasper, AL 35501

Listing Price: $2,000,000

Cap Rate
9.75%
Tenant Name
Orlando Health
Years Remaining On Lease
2.6
Gross SF
12,900
Guarantor
Corporate Guarantee
Rentable SF
12,900
Price/Gross SF
$155.04
Lease Type
Double Net
Rent Per Square Feet
$15.12

Investment Overview

This offering presents an opportunity to acquire a single tenant medical office property leased to Orlando Health, one of the Southeast’s most prominent and financially secure not for profit healthcare systems. The property, located at 801 20th Avenue East in Jasper, Alabama, has operated as a family practice for more than 30 years and was recently acquired by Orlando Health as part of their regional expansion strategy.

The lease has three years remaining on the base term, which provides investors with a higher yield today and significant upside at renewal. Given the long operating history at the site, the brand-new roof replacement in 2025, and the property’s strategic location in Jasper’s retail and medical hub, renewal probability is considered very strong. Surrounding demand drivers include Walmart, Walker County Health Department, Baptist Health Walker Hospital, Harbor Chase of Jasper, and Lakewood Assisted Living of Jasper, all of which generate consistent patient traffic and reinforce the importance of this facility within the community.

Patients benefit from easy accessibility and abundant surface level parking, creating a more convenient experience than larger hospital campuses with structured parking. With minimal landlord obligations limited to roof and structure, and with the roof fully replaced in 2025, investors enjoy a secure income stream with limited capital exposure. Backed by Orlando Health’s $7.2 billion in annual revenue and AA Fitch credit rating, this property combines institutional credit, essential healthcare demand, and an irreplaceable location, making it a compelling investment with both near-term yield and long-term value creation potential.

Investment Highlights

  • Corporate Guaranteed Lease
  • Located in Jasper's primary commercial and healthcare corridor
  • Limited competition for similar medical-use product in surrounding markets
  • Operated by Orlando Health, a multi billion-dollar healthcare operator
  • Roof replaced in 2025
  • Ideal location next to Walmart and Walker County Health Department and less than ½ a mile from Baptist Health Walker Hospital 
  • Easy access from I-22 and U.S. 78 with strong visibility on 20th Ave East
  • 30+ year operating history at location

Exclusively Listed By

Single-Tenant Office Medical

Orlando Health

Listing Price: $2,000,000

Cap Rate
9.75%
Tenant Name
Orlando Health
Years Remaining On Lease
2.6
Gross SF
12,900
Guarantor
Corporate Guarantee
Rentable SF
12,900
Price/Gross SF
$155.04
Lease Type
Double Net
Rent Per Square Feet
$15.12

Investment Highlights

  • Corporate Guaranteed Lease
  • Located in Jasper's primary commercial and healthcare corridor
  • Limited competition for similar medical-use product in surrounding markets
  • Operated by Orlando Health, a multi billion-dollar healthcare operator
  • Roof replaced in 2025
  • Ideal location next to Walmart and Walker County Health Department and less than ½ a mile from Baptist Health Walker Hospital 
  • Easy access from I-22 and U.S. 78 with strong visibility on 20th Ave East
  • 30+ year operating history at location

Investment Overview

This offering presents an opportunity to acquire a single tenant medical office property leased to Orlando Health, one of the Southeast’s most prominent and financially secure not for profit healthcare systems. The property, located at 801 20th Avenue East in Jasper, Alabama, has operated as a family practice for more than 30 years and was recently acquired by Orlando Health as part of their regional expansion strategy. The lease has three years remaining on the base term, which provides investors with a higher yield today and significant upside at renewal. Given the long operating history at the site, the brand-new roof replacement in 2025, and the property’s strategic location in Jasper’s retail and medical hub, renewal probability is considered very strong. Surrounding demand drivers include Walmart, Walker County Health Department, Baptist Health Walker Hospital, Harbor Chase of Jasper, and Lakewood Assisted Living of Jasper, all of which generate consistent patient traffic and reinforce the importance of this facility within the community. Patients benefit from easy accessibility and abundant surface level parking, creating a more convenient experience than larger hospital campuses with structured parking. With minimal landlord obligations limited to roof and structure, and with the roof fully replaced in 2025, investors enjoy a secure income stream with limited capital exposure. Backed by Orlando Health’s $7.2 billion in annual revenue and AA Fitch credit rating, this property combines institutional credit, essential healthcare demand, and an irreplaceable location, making it a compelling investment with both near-term yield and long-term value creation potential.

Exclusively Listed By

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