1045-1085 N John Young Pky - Medical FOR SALE


Kissimmee, FL 34741
$2,600,000 USD
689-202-4091
1045-1085 N John Young Pky, Kissimmee, FL for Sale
$2,600,000 USD
Medical - FOR SALE
1/24
null | 6.35% Cap Rate

1045-1085 N John Young Pky
Kissimmee, FL 34741


HIGHLIGHTS

  • Prime investment opportunity in Kissimmee, Florida medical district.
  • Each office fully equipped with independent utilities including electricity, water, and air conditioning.
  • Ample parking for tenants and visitors: 40 spaces accessible from front and back of building.
  • Proximity to major highways and public transportation.

OVERVIEW

This outstanding professional plaza is strategically positioned on a main road, offering convenient access to the medical district of Kissimmee. This property is listed with a proforma Cap Rate of 6.35% for when the third suite becomes occupied, the in-place Cap Rate at the current 67% occupancy is 3.93%. It features three spacious units, each spanning 2,400 square feet, ideal for medical, administrative, insurance, or other professional services. Currently, two units are occupied by medical practices, showcasing its suitability for healthcare providers. The property boasts 40 parking spaces, accessible from both the front and back of the building, ensuring ample parking for tenants and clients alike. Each office is fully equipped with independent utilities, including electricity, water, and air conditioning, ensuring a comfortable and productive work environment. Whether you're an investor seeking a lucrative opportunity or a healthcare professional looking for a new practice location, this plaza offers the ideal setting.Price Reduced.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,627 SF

ZONING

T-5U

APN/PARCEL ID

21-25-29-1412-0001-0020

ASK ABOUT THIS PROPERTY

Antonio SpagnoloBright Trust Realty LlcMore Info
689-202-4091

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Antonio SpagnoloBright Trust Realty LlcMore Info
689-202-4091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.