Log In/Sign Up
Your email has been sent.
Pediatrica Health 6712 Dairy Rd 6,302 SF 100% Leased Office Building Zephyrhills, FL 33542 $2,015,689 ($319.87/SF) 6.75% Cap Rate
Investment Highlights
- Hands-Off Investment: The tenants pays for maintenance/repairs and all day-to-day expenses under this Modified Net lease.
- Pride of Ownership: Custom built by a long-standing practice owner and well maintained since completion.
- Low Area Vacancy Rate: The surrounding area maintains a 4.7% vacancy rate, well below the ~8% state average
- Newly Extended Lease: The property is under a newly executed 5-year lease, demonstrating the tenant’s commitment to this location.
- Below-Market Rent: Current rents are below market, with comparable medical space achieving mid-$20s per square foot.
- Proximity to Major Hospital: Located near AdventHealth Zephyrhills Hospital and surrounded by established medical offices.
Executive Summary
Kyle Matthews
License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,302 SF
Building Class
C
Year Built
2008
Price
$2,015,689
Price Per SF
$319.87
Cap Rate
6.75%
NOI
$136,059
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
7,161 SF
Building FAR
0.12
Lot Size
1.25 AC
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 02-26-21-0010-03800-0000 | Improvements Assessment | $1,368,542 |
| Land Assessment | $113,239 | Total Assessment | $1,481,781 |
Property Taxes
Parcel Number
02-26-21-0010-03800-0000
Land Assessment
$113,239
Improvements Assessment
$1,368,542
Total Assessment
$1,481,781
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Pediatrica Health | 6712 Dairy Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.