2565 Cleveland Ave
Fort Myers, FL 33901

Surgery Center Sale/Leaseback Across from Lee Memorial Hospita.l Situated at a traffic light intersectionacross the street from the main entrance to Lee Memorial Hospital. Ambulatory Surgery Center Licensed by State of Florida For Health Care Administration. Certified by: www.jointcommission.org & www.cms.gov. Includes 3 Operating Rooms. Tenant: Paramount Surgery Center LLC; Tenant Ownership: 88% by 8 Selling Doctors, 12% by RegentSurgicalHealth.com who manage this ASC. Tenant has occupied this building since it was built in 2012. Tenant is currently paying rent over $53 PSF NNN. Tenant will sign an amendment to their lease that will begin a new ten year term lease at closing of sale with rent starting Year 1 at $46.71 PSF NNN or $420,000 NOI with 2% annual escalations of base rent. Tenant shall have five options to renew lease for five years per option. The following orthopedic surgeons shall each provide a 12.5% limited personal guarantee on this lease: P. Jeffrey Richards MD, Paul D. Fuchs DO, Patrick B. Leach MD, Fletcher A. Reynolds MD, Jeremy A. Schwartz MD, Charles P. Springer MD, Antonio J. Flores MD and Allen C. Tafel MD. Seller: Dixie Parkway Associates LLC Seller’s medical practice: www.OSSWF.com Sellers’ practice has 11 doctors of which 8 are partners. Their 36,000 SF Medical Office is located next door to this surgery center at 2531 Cleveland Avenue, Fort Myers