529 Health Blvd - Medical FOR SALE


Daytona Beach, FL 32114
$1,430,000 USD
239-826-4174
529 Health Blvd, Daytona Beach, FL for Sale
$1,430,000 USD
Medical - FOR SALE
1/5
null | 7.69% Cap Rate

529 Health Blvd
Daytona Beach, FL 32114


HIGHLIGHTS

  • Daytona Beach population 85,900 per 2024 US Census. It grew 18.8% in past four years.
  • Palm Coast population 106,237 per 2024 US Census. It grew 18.4% in past four years
  • Port Orange population 67,000 per 2024 US Census. It grew 6.9% in past four years.
  • Orlando (city) population 325,044 per 2024 US Census. It grew 5.6% in past four years. Orlando MSA population 2.13 million per 2024 US Census.
  • Oviedo population 41,600 per 2024 US Census. It grew 4.1% in past four years.
  • Retina patients often travel many miles to reach the closet CFR office in Central Florida.

OVERVIEW

Retina is a small sub-specialty in medicine requiring their physicians additional study to achieve. Their practice specialty requires an approximate population of 200,000 for every specialist. The problem with Florida, as with most of the United States, is that most of is it is spread out over many rural areas. This creates a problem in general for rural patients. It is worse for rural patients needing retina specialists since they are limited in number and often found only in bigger cities. For this reason, Central Florida Retina has strategically expanded over the years to cover all of Central Florida to better serve its Florida patients. Over the decades, the number of physicians in the practice typically fluctuates between four and six physicians, as senior doctors eventually retire and new doctors join this long respected practice. It takes ten additional years of study after college to become a retina specialist. This includes four years of medical school, one year of internship, three years of residency and two years of retinal fellowship.

FOR SALE DETAILS

PRICE

$1,430,000 USD

PRICE/SF

$394 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retina Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,058 SF

ZONING

-

APN/PARCEL ID

5338-0B-00-0110

ASK ABOUT THIS PROPERTY

Mark AlexanderMark Alexander Medical Office BrokerageMore Info
239-826-4174

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Mark AlexanderMark Alexander Medical Office BrokerageMore Info
239-826-4174

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