Single-Tenant Office Medical

miVIP & oBand, Inc | ASC & Clinic | Miami, FL

11081 SW 90th St, Miami, FL 33176

Listing Price: $6,326,000

Cap Rate
7.50%
Tenant Name
SF Medical Group, Inc/Miami Surgery Center, LLC
Years Remaining On Lease
8.90
Guarantor
Corporate Guarantee
Rentable SF
7,192
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.97

Investment Overview

Strong Fundamentals for Healthcare Real Estate - An aging U.S. population continues to drive healthcare spending. Healthcare is estimated to account for 20% of GDP by 2020.

Investment Highlights

  • ASC (Ambulatory Surgical Center) Chain that Specializes in Minimally Invasive surgical procedures - Each miVIP facility facility is equipped with a da Vinci Surgical System.
  • Shift Towards Outpatient Surgical Facilities - Payers are driving the shift in procedures towards ASCs because surgery costs are lower in ASCs compared to other settings.
  • Specialized and Expensive Built-Outs - Medical office users renew leases at a higher rate than general office users, and for longer lease terms.

Exclusively Listed By

  • Dustin R. Alvino

    First Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692

    Las Vegas

  • Andy Pasbakhsh

    Associate

    Email Andy

    License(s): NV: 0189780

    Las Vegas

Single-Tenant Office Medical

miVIP & oBand, Inc | ASC & Clinic | Miami, FL

Listing Price: $6,326,000

Cap Rate
7.50%
Tenant Name
SF Medical Group, Inc/Miami Surgery Center, LLC
Years Remaining On Lease
8.90
Guarantor
Corporate Guarantee
Rentable SF
7,192
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.97

Investment Highlights

  • ASC (Ambulatory Surgical Center) Chain that Specializes in Minimally Invasive surgical procedures - Each miVIP facility facility is equipped with a da Vinci Surgical System.
  • Shift Towards Outpatient Surgical Facilities - Payers are driving the shift in procedures towards ASCs because surgery costs are lower in ASCs compared to other settings.
  • Specialized and Expensive Built-Outs - Medical office users renew leases at a higher rate than general office users, and for longer lease terms.

Investment Overview

Strong Fundamentals for Healthcare Real Estate - An aging U.S. population continues to drive healthcare spending. Healthcare is estimated to account for 20% of GDP by 2020.

Exclusively Listed By

  • Dustin R. Alvino

    First Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692

    Las Vegas

  • Andy Pasbakhsh

    Associate

    Email Andy

    License(s): NV: 0189780

    Las Vegas

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