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Central Fl Family Healthcare Assoc 833 E Oak St

2,443 SF Office Building Kissimmee, FL 34744 £714,045 (£292/SF) 7.78% Net Initial Yield

Investment Highlights

  • Long-term lease with a nationally recognized medical group
  • Situated in Kissimmee, Florida, near the Osceola Regional Medical Center, a thriving healthcare hub
  • Predictable cash flow from a national tenant with established operations
  • NNN Lease through 2028, 2% annual increases
  • The healthcare sector is resilient, offering a reliable and stable investment return

Executive Summary

Investing in a medical office building near HCA Florida Osceola Hospital in Kissimmee, Florida, presents a compelling opportunity. The hospital is a 407-bed tertiary care facility accredited by The Joint Commission and designated as a Level II Trauma Center. It serves as a central healthcare hub for the region, attracting numerous medical professionals and patients. The Kissimmee Medical Arts District, established in 2016, has successfully drawn significant investment to the area, fostering a robust medical community. For instance, in February 2024, AdventHealth acquired a 10,781-square-foot medical office condo in this district for $2.3 million, underscoring the area's appeal to major healthcare providers. The presence of a national medical group with over 50 locations across five states as a tenant enhances the investment's attractiveness. Such tenants typically offer longterm leases and financial stability, contributing to a reliable income stream.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,443 SF
Building Class
C
Year Built
1996
Price
£714,045
Price Per SF
£292
Net Initial Yield
7.78%
NOI
£55,580
Tenancy
Single
Number of Floors
1
Typical Floor Size
2,443 SF
Building FAR
0.43
Land Acres
0.13 AC
Zoning
B-3, Kissimmee
Parking
14 Spaces (5.73 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-25-29-1488-0001-0230
Land Assessment
£51,364
Improvements Assessment
£160,246
Total Assessment
£211,610
  • Listing ID: 33940187

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 833 E Oak St, Kissimmee, FL 34744

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