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737 Highway 466 - Investment Opportunity

1,920 SF Office/Medical Condo Unit Offered at $720,000 in Lady Lake, FL 32159

Investment Highlights

  • 1,920 SF Medical Office
  • Close to The Villages
  • Meticulously Maintained
  • Summit Medical Park
  • Investment Opportunity

Executive Summary

New three-year lease with Advent Health. Located in Summit Medical Park, close to area’s largest retail concentration and The Villages. Meticulously maintained, 1,920 SF Medical Office. Tremendous growth going on in the area with over 1,500 additional homes approved and new Retail under construction. It is imperative tenants are NOT disturbed. Please contact Fran Akin @ 352-266-7795 to schedule a visit.

Data Room Click Here to Access

Property Facts

Price $720,000
Unit Size 1,920 SF
No. Units 1
Total Building Size 1,920 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment NNN
Building Class B
Floors 1
Typical Floor Size 1,920 SF
Year Built 2009
Tenancy Single
Lot Size 0.12 AC

1 Unit Available

Unit 737

Unit Size 1,920 SF
Price $720,000
Price Per SF $375.00
Condo Use Office/Medical
Sale Type Investment
Cap Rate 7.00%
NOI $50,400
APN/Parcel ID 18-18-24-0200-000-13000
Description

Conveniently located in Summit Medical Park,5 Exam Rooms, 1 Physician Office, Break room, Reception, Lobby, Nurses station, and two restrooms. Meticulously maintained and recently updated.

Sale Notes

Investment Opportunity:
New lease with AdventHealth Medical.  Located in Summit INVESTMENT OPPORTUNITY!   Office includes a new least to AdventHealth Medical in area dominated by medical.  Very close to area’s largest retail concentration and The Villages.  Meticulously maintained, 1,920 SF Medical Office.  Tremendous growth going on in the immediate area with over 1,500 additional homes recently approved for development.
It is imperative tenants are NOT disturbed.  Please contact Fran Akin @ 352-266-7795 to schedule a visit.

Amenities

  • Air Conditioning

zoning

Zoning Code PUD Office (Planned Unit Development)
PUD Office (Planned Unit Development)
  • Listing ID: 33072056

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 737 Highway 466, Lady Lake, FL 32159

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