Office Medical
MULTI-TENANT MEDICAL OFFICE
3324 Commerce Center Ln, Sebring, FL 33870
Listing Price: $1,125,000
Cap Rate
3.72%
Gross SF
8,451
Rentable SF
8,451
Price/Gross SF
$133.12
Occupancy
66.0%
Year Built
2007
Lot Size
1.41 acres
Investment Overview
Marcus & Millichap is pleased to present the offering for the Multi-Tenant Medical Office in Sebring, FL.
MULTI-TENANT MEDICAL OFFICE
Investment Highlights
- 68% Occupied Multi-Tenant Medical Office | 8,451-SF on a +/-1.41-AC Lot | 2007 Construction | Significant Leasing Upside
- New GE Silicone Roof Replaced in 2023 With 10 Year Manufacturer Warranty | Recent 2023 Renovations Include Fully Re-Painted Exterior, Two new 3.5 Ton HVAC Units, Exterior Landscaping,and Window Tint
- Spa Suite Was Fully Updated in April 2024 | Strategically Located in the Heart of Sebring's Medical District, 2 Miles From Downtown Sebring In a Dense and Growing Residential and Retail Corridor
- 1 Block From HCA Florida Highlands Hospital - Sebring's Regional Healthcare Provider With 126 Beds | Handicap Accessible Covered Drop-Off & Pick-Up Areas With 36 Parking Spaces and Two Points of Ingress/Egress
- Two Covered Parking Spaces in Rear of Property | Centrally Located Between the Intersections of Highway US-27/US-98, with over 42,587 Vehicles Per Day, near Highlands Avenue with 11,000+ VPD | US-27 is a Major Highway Connecting Chicago to Miami
- Daytime Population Exceeds 39,600 Within 5-Miles | Population Growth of 5.65% Projected Over Next 5 Years
- 1 Mile From Lake Jackson, a Popular Boating and Swimming Destination
- The Broader Sebring Metropolitan Area Had a Population Estimate of 105,618 in 2022
Exclusively Listed By
Listing Price: $1,125,000
Cap Rate
3.72%
Gross SF
8,451
Rentable SF
8,451
Price/Gross SF
$133.12
Occupancy
66.0%
Year Built
2007
Lot Size
1.41 acres
Investment Highlights
- 68% Occupied Multi-Tenant Medical Office | 8,451-SF on a +/-1.41-AC Lot | 2007 Construction | Significant Leasing Upside
- New GE Silicone Roof Replaced in 2023 With 10 Year Manufacturer Warranty | Recent 2023 Renovations Include Fully Re-Painted Exterior, Two new 3.5 Ton HVAC Units, Exterior Landscaping,and Window Tint
- Spa Suite Was Fully Updated in April 2024 | Strategically Located in the Heart of Sebring's Medical District, 2 Miles From Downtown Sebring In a Dense and Growing Residential and Retail Corridor
- 1 Block From HCA Florida Highlands Hospital - Sebring's Regional Healthcare Provider With 126 Beds | Handicap Accessible Covered Drop-Off & Pick-Up Areas With 36 Parking Spaces and Two Points of Ingress/Egress
- Two Covered Parking Spaces in Rear of Property | Centrally Located Between the Intersections of Highway US-27/US-98, with over 42,587 Vehicles Per Day, near Highlands Avenue with 11,000+ VPD | US-27 is a Major Highway Connecting Chicago to Miami
- Daytime Population Exceeds 39,600 Within 5-Miles | Population Growth of 5.65% Projected Over Next 5 Years
- 1 Mile From Lake Jackson, a Popular Boating and Swimming Destination
- The Broader Sebring Metropolitan Area Had a Population Estimate of 105,618 in 2022
Investment Overview
Marcus & Millichap is pleased to present the offering for the Multi-Tenant Medical Office in Sebring, FL.
Exclusively Listed By
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