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| Price $1,824,000 | Built/Renov 2003/2014 | Tenant MaxHealth |
| Cap Rate 6.00% | Lease Type
Double NN | Guarantor Corporate |
| Size/SF
8,463
| Lease Start
05-01-2024
| #Units
55
|
| Price/SF $215.53 | Expiration
04-30-2026
| Tenant Type Medical/Health |
| NOI $109,506 | R. Term 1.4 | Ownership Fee Simple |
| Rent/SF
$12.94
| Increases 2.0%/1/yrs | Pop 5Mi 194,491 |
| Lot/AC 1.01 | Options 0/0yrs | AHHI 5Mi $75,240 |
| | |
MaxHealth is strategically located at the signalized, hard corner intersection of Manatee Avenue East and 18th Street East, with access to a substantial combined daily traffic count of 49,500 vehicles. The property boasts excellent visibility with significant street frontage and a large monument sign, along with multiple points of ingress/egress. Additionally, it is situated within a dense...
...Signalized intersection
Build to suit
Dense retail corridor
Near major nationals
Hospital close
Strong demographics
Income tax free state
Below Market Rent
Annual rent increases
Corporate Guarantee
MaxHealth is a network of primary care medical centers that provides convenient, affordable care for patients in communities along Florida's west and southwest coasts. The organization's...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 10,912 | 77,806 | 194,236 |
| 2023 Total Population : | 10,774 | 77,679 | 194,491 |
| 2023 Employed Civilian Pop : | 4,062 | 32,131 | 83,147 |
| 2023 Total Businesses : | 312 | 3,639 | 7,920 |
| 2023 Average Household Income : | $ 56,837 | $ 71,521 | $ 75,240 |
| 2023 Total Consumer Spending : | $ 188 M | $ 1911 M | $ 5310 M |
| 2023 Median Age : | 33 | 40 | 45 |
| 2023 Total Households : | 3,770 | 30,528 | 80,905 |
| 2023 Pop Age 25+: Bachelor's Degree : | 600 | 7,562 | 21,675 |
| 2023 Average Home Value : | $ 174,710 | $ 259,010 | $ 289,088 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Manatee Avenue East | Manatee Ave E | 2022 | 19,500 | 0.15 mi |
| Manatee Avenue East | 15th St E | 2022 | 19,500 | 0.15 mi |
| Manatee Avenue East | 14th St E | 2022 | 20,500 | 0.33 mi |
| Manatee Avenue East | 12th St E | 2022 | 19,000 | 0.41 mi |
| Manatee Avenue East | 4th Ave E | 2022 | 20,500 | 0.55 mi |
| 7th Ave E | 10th St E | 2019 | 20,000 | 0.56 mi |
| 15th St E | 14th Ave E | 2005 | 11,700 | 0.62 mi |
| Manatee Ave W | 10th St E | 2019 | 20,500 | 0.65 mi |
| 7th Avenue East | 9th St E | 2022 | 19,000 | 0.66 mi |
| 15th Street East | 15th Ave E | 2022 | 12,300 | 0.72 mi |
Carrollton, GA
Cap Rate 7.00%
Lease NN+
R. Term 4.40 yrs
Size/SF 8,219
Oneida, NY
Cap Rate 7.00%
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R. Term 2.11 yrs
Size/SF 7,684
Jackson, TN
Cap Rate 7.00%
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R. Term 7.90 yrs
Size/SF 6,653
River Ridge, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 12.30 yrs
Size/SF 10,138
River Ridge, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 10,138
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
