1807 Salk Dr - Medical FOR SALE


Tavares, FL 32778
$550,000 USD
407-353-6391
1807 Salk Dr, Tavares, FL for Sale
$550,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

1807 Salk Dr
Tavares, FL 32778


HIGHLIGHTS

  • Ideal Location Near Advent Health -Waterman Hospital
  • Free-Standing Office Building, Full Medical Build-out
  • Lakeview Center Professional Office Business Park
  • 1,850 Square Feet, .47 Acre Parcel
  • 14 Parking Spaces
  • Fully Leased to a National Corporate Tenant

OVERVIEW

KW Commercial is pleased to offer for sale a medical office property immediately nearby the Advent Health – Waterman Hospital Complex in Tavares, FL. The free-standing medical office consists of 1,850 SF and is located on a .47 acre parcel in the Lakeview Center professional office park. The building/property includes reception, multiple exam rooms, a surgery-procedure room, physician’s office, and administrative office and 14 parking spaces in a .148 acre private parking lot. The property is presently leased to a single national corporate medical tenant, Upperline Health, Inc., a Podiatry Medical-Surgical service provider. The current lease term extends through March of 2026, with one extension. Under modified NN lease terms, the tenant pays for utilities and unit maintenance, the landlord is responsible for Sales Tax, Real Estate Taxes and HOA fees. The property is ideal for an investor seeking a medical office investment opportunity. The robust Lake County – Tavares, Mount Dora, Eustis market area and the exploding expansion of area hospitals, medical services offerings and facilities underscore the current demand for highly customizable professional offices in key area sub-markets. The Advent Health - Waterman Hospital district along US 441 in Mount Dora-Tavares is a key emerging Central Florida population centers surrounding significant exiting and underdevelopment residential and commercial-business districts. The ideally located property nearby to a major regional hospital facilities and will be an attractive location for professional medical providers for many years to come.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Leased Medical Office Investment Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C

APN/PARCEL ID

21-19-26-1100-000-01400

ASK ABOUT THIS PROPERTY

Mark ArnoldKW Commercial - Orlando CentralMore Info
407-353-6391

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Mark ArnoldKW Commercial - Orlando CentralMore Info
407-353-6391

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