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Office Medical

Liberty Plaza

7177 S George Blvd, Sebring, FL 33875

Listing Price: $2,400,000

Cap Rate
2.18%
Gross SF
18,900
Rentable SF
18,900
Price/Gross SF
$126.98
Occupancy
30.0%
Year Built
2007
Lot Size
1.36 acres

Investment Overview

7717 S George Blvd is an 18,900 square foot mixed use medical and office building that front HWY 27 in Sebring, FL. The asset's anchor tenant is an urgent care facility based on the east coast of Florida. They have a contract with Highlands County Board of Education to service teachers and administrators health care needs. In addition to that, the tenant has extensive build outs for medical purposes (surgical rooms, x-ray, exam rooms). The building has roughly 10,000 square feet of vacancy. Other than possible carpet replacement and some demising changes, these space(s) are move in ready and require very little CAPEX. Once a buyer is able to stabilize the building, the new owner will be in prime condition to exit the property unlocking a substantial amount of new found equity in the deal.

Investment Highlights

  • Mixed Use Asset Fronting US HWY 27 (28,000 VPD)
  • Anchor Tenant Contracts with Highlands County School Board for HealthCare Needs
  • High Vacancy Property with Strong Value Add Component

Exclusively Listed By

Listing Price: $2,400,000

Cap Rate
2.18%
Gross SF
18,900
Rentable SF
18,900
Price/Gross SF
$126.98
Occupancy
30.0%
Year Built
2007
Lot Size
1.36 acres

Investment Highlights

  • Mixed Use Asset Fronting US HWY 27 (28,000 VPD)
  • Anchor Tenant Contracts with Highlands County School Board for HealthCare Needs
  • High Vacancy Property with Strong Value Add Component

Investment Overview

7717 S George Blvd is an 18,900 square foot mixed use medical and office building that front HWY 27 in Sebring, FL. The asset's anchor tenant is an urgent care facility based on the east coast of Florida. They have a contract with Highlands County Board of Education to service teachers and administrators health care needs. In addition to that, the tenant has extensive build outs for medical purposes (surgical rooms, x-ray, exam rooms). The building has roughly 10,000 square feet of vacancy. Other than possible carpet replacement and some demising changes, these space(s) are move in ready and require very little CAPEX. Once a buyer is able to stabilize the building, the new owner will be in prime condition to exit the property unlocking a substantial amount of new found equity in the deal.

Exclusively Listed By

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