950 1st St S | Winter Haven, FL 33880
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- LoopNet Team
950 1st St S
Winter Haven, FL 33880
100% Occupied Medical Office, Early Lease Ext · Office Property For Sale
Investment Highlights
- 20,327 Square Foot Medical Office Occupied by Palm Medical Center & Miracle Chiropractic
- Palm Medical Center Has One Percent Rent Increases Annually
- Palm Medical Center Operates a Total of 14 Locations in Florida
- Palm Medical Center Extended Their Lease Early by Five Years – Demonstrating a Strong Commitment to this Location
- Building Was Fully Renovated in 2011-2012 | Owner Resealed and Restriped Entire Parking Lot in February 2020
- Approximately 100 Linear Feet of 1st Street S Frontage | 1st Street S Has an Average of 30,000 Vehicles Daily
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
20,327 SF
Building Class
B
Year Built/Renovated
1987/2012
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,164 SF
Building FAR
0.47
Lot Size
1.00 AC
About 950 1st St S , Winter Haven, FL 33880
Palm Medical Center occupies over 93 percent of the 20,327 square-foot two-tenant medical office building. Palm Medical Center has recently extended their lease and has six years remaining with three, five-year renewal options with one percent rent increases annually. Palm Medical Center provides superior medical care for the whole family. It is located across from Staples, Pier 1, Lowe’s Home Improvement, Subway, GNC, Crispers. Near Macy’s and Belk department stores.
PROPERTY TAXES
| Parcel Number | 26-28-28-618571-002010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $125,950 |
PROPERTY TAXES
Parcel Number
26-28-28-618571-002010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$125,950
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