49539 US Highway 27 - Medical FOR SALE


Davenport, FL 33897- North Polk
$3,982,000 USD
415-852-5177
49539 US Highway 27, Davenport, FL for Sale
$3,982,000 USD
Medical - FOR SALE
1/8
null | 5% Cap Rate

49539 US Highway 27
Davenport, FL 33897
North Polk


HIGHLIGHTS

  • Just 10 minutes from Disney World, one of the most visited attractions globally (58 million visitors), driving consistent customer traffic year-round
  • Positioned along US Highway 27 with 57,000 AADT, complemented by robust nearby traffic counts from local and tourist activity
  • Located amidst new and expanding residential communities like Highlands Reserve Homes, Reunion Resort, and ChampionsGate, ensuring a steady customer
  • Tenant assumes all property expenses, including taxes, insurance, and maintenance, ensuring true passive income for investors
  • 12-year primary lease term with 10% rental increases every five years with an additional 10% bump in Year 13, then every 5 years thereafter for predi

OVERVIEW

Positioned on US Highway 27, a major arterial road with 57,000 AADT, offering unparalleled visibility and accessibility for patients. Heartland Dental assumes full responsibility for taxes, insurance, and maintenance, providing a truly passive investment opportunity. A 12-year initial lease term with 10% rent escalations every five years, with an additional 10% bump in Year 13, then every 5 years thereafter ensures consistent income growth and value appreciation. The property benefits from a 5-mile population of 82,275, with household incomes averaging $95,469 within a 1-mile radius. Completed in 2024, the 4,328 SF facility is designed for high patient throughput and operational efficiency, minimizing maintenance needs for the foreseeable future. Just 10 minutes from Disney World and surrounded by major residential developments, the property benefits from year round traffic and economic activity.

FOR SALE DETAILS

PRICE

$3,982,000 USD

PRICE/SF

$920 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

26-25-13-998014-000040

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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