VA Medical Center Two-Building Portfolio 2 Properties Offered at $71,224,000 in Gainesville, FL
INVESTMENT HIGHLIGHTS
- Nearly 18 Years Remaining | Fee Simple Ownership | Investment Grade Tenant (S&P: AA+) | No Early Termination
- Significantly Below Replacement Cost | Income Tax Free State | Additional $27M Invested by the Tenant | Long-Term Commitment
- Signalized, Hard Corner Intersection | Nearby Medical Locations | The University of Florida (60,000 Students)
- Rare CTL Financing with Excess cash Flow | Pay-Down Readvance Ideal 1031 Exchange Irreplaceable Interest Rate | Non-Recourse
EXECUTIVE SUMMARY
• Credit Tenant Leased (CTL) U.S. Department of Veterans Affairs (VA) investment property located in Gainesville, Florida.
• The tenant, Veterans Health Administration (VHA) is the largest integrated health care system in the United States, providing care at 1,321 health care facilities, including 172 VA medical centers and 1,138 outpatient clinics providing care to over 9 million Veterans enrolled in the VA health care program.
• The tenant, Veterans Health Administration (VHA) is the largest integrated health care system in the United States, providing care at 1,321 health care facilities, including 172 VA medical centers and 1,138 outpatient clinics providing care to over 9 million Veterans enrolled in the VA health care program.
PROPERTY FACTS
| Price | $71,224,000 |
| Price / SF | $329.13 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 216,404 SF |
| Total Land Area | 28.02 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5469 SW 34th St, Gainesville, FL 32608 | Land | 14.01 AC | - | - |
| 5465 SW 34th St, Gainesville, FL 32608 | Health Care | 216,404 SF | 2022 | - |
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