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605 Medical Care Dr 605 Medical Care Dr 3,018 SF Office Building Brandon, FL 33511 $1,300,000 ($430.75/SF)
Investment Highlights
- 3,018 SF medical office building with a turnkey layout.
- Two additional seven-year extension options ensure long-term stability.
- Stable, predictable cash flow from day one of ownership.
- Tenant is a well-established physician with a proven track record.
- 7 year ABS NNN sale-leaseback at $29/SF, providing immediate income.
Executive Summary
This offering features a 3,018-square-foot medical office at 605 Medical Care Drive, Brandon, FL. This transaction will be structured as a sale-leaseback with a seven-year ABS NNN lease at $29/SF, including two seven-year renewal options. The lease will be an absolute NNN (ABS NNN) lease with zero landlord responsibility. Hands free investment. Located right next to HCA Brandon Hospital in a major medical corridor, it’s only an 18-minute drive from downtown Tampa. This is a turnkey opportunity for stable cash flow in a high-demand location
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- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
3,018 SF
Building Class
B
Year Built
2002
Price
$1,300,000
Price Per SF
$430.75
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,018 SF
Zoning
CG, Brandon
Parking
20 Spaces (6.63 Spaces per 1,000 SF Leased)
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Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | U-27-29-20-ZZZ-000002-65000.3 | Improvements Assessment | $699,500 |
| Land Assessment | $100 | Total Assessment | $699,600 |
Property Taxes
Parcel Number
U-27-29-20-ZZZ-000002-65000.3
Land Assessment
$100
Improvements Assessment
$699,500
Total Assessment
$699,600
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