Pine Hills MOB

800 Mercy Drive
Orlando, FL 32808
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Medical Village at Pine Hills - MOB NNN Investment

Price:$15,500,000
Building Size:59,198 SF
Property Type:Office
Total Lot Size:115,556 SF
Year Built:1963
Cap Rate:7.45%
NOI:$1,154,494

Highlights

  • 92.6% leased Medical Office Building
  • Class A Office Buildout
  • Long term leases
  • Excellent location in an expanding market
  • Close proximity to major Hospital
  • Ample parking
  • Annual escalations

Description

Great Opportunity to own a NNN Investment Medical Office Building in the booming market of Orlando, Florida. The building has an Excellent Tenant mix with an anchor tenant of Community Health along with Dialysis, Research, Children's Servies and Physical Therapy.

Upside with vacant space, which would bring the purchasing cap rate to over an 8.0 cap at $15,500,000.00.

Location

Adjacent to US 50, and 7 miles to Interstate 4, 5 miles to Florida Hospital Memorial Plaza, 16 miles to Orlando International Airport.

Contact Broker

SquareGail Bowden
Senior Commercial Real Estate Advisor
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SquareErin Reid
Commercial Real Estate Advisor

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Documents


Website file type buildoutOffering Memorandum
Updated about 10 hours ago

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