455 Emerald Ave - LAKELAND REGIONAL HEALTH (LAKE WALES PRIMARY
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455 Emerald Ave - LAKELAND REGIONAL HEALTH (LAKE WALES PRIMARY
6,275 SF Health Care Building Offered at $1,192,260 in Lake Wales, FL 33853
Investment Highlights
- Primed for Growth
- Florida Real Estate
- Below Replacement Cost
- Hospital Proximity
- Tenant Desirable Spaces
- Value Add / Owner User
Executive Summary
Matthews Real Estate Investment Services™ is pleased to present qualified investors with the opportunity to acquire a prime medical property in the growing city of Lake Wales, Florida. With over 15,660 new residential units approved and the population expected to triple in the next decade, the area’s real estate market and overall population are poised for significant growth in the coming years. Situated within this expanding community, the property is ideally located just 1.5 miles from AdventHealth Lake Wales Medical Center, making it highly attractive to medical tenants. Priced under $200 per square foot, this property offers both investors and owner-occupants the opportunity to acquire it well below replacement cost. With below-market rents and annual 3% increases built into the lease, investors can expect predictable cash flow and protection against inflation. The current tenant, Lakeland Regional Health System, an award-winning hospital with over 30 years of experience, provides stability and financial security. This opportunity offers investors day-one cash flow from a secure healthcare system, as well as value-add potential through the partial vacancy, which can be filled to increase NOI and overall yield.
Property Facts
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 1 |
PROPERTY TAXES
| Parcel Number | 27-30-11-917510-002050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $578,837 |
PROPERTY TAXES
Parcel Number
27-30-11-917510-002050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$578,837
zoning
| Zoning Code | C (General Commercial) |
| C (General Commercial) |
Contacts
-
Jake Allen -
Ryan Burke -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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455 Emerald Ave - LAKELAND REGIONAL HEALTH (LAKE WALES PRIMARY
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