NNN Investment Medical Office Building
$1,850,000
2020 Flamingo Dr, Bartow, FL 33830
6,381 sqft
Building Size
0.95 acres
Lot Area
Details:
Highlights:
- 100% Occupied (Single Tenant)
- National Corporate Tenant
- 7 Year Lease Term
- Class " A " 2nd Generation Medical Building with extensive medical related renovations
- Less than 2.5 miles from Bartow Regional Medical Center
Description:
A stable, long-term investment opportunity: This medical office building, leased to a national corporate tenant under a new 7-year NNN lease, is located on a 0.95-acre lot near Bartow Regional Medical Center and Watson Clinic. The property features a strong initial NOI with rent escalations and renewal options, and recent capital improvements (approx. $300k in tenant improvements) including a new roof, HVAC systems, fire suppression system, and alarm system.
This impressive 6,381 ± SF medical building presents a compelling NNN investment opportunity in Downtown Bartow. Conveniently located just two minutes from the US 98 and State Road 60 intersection, the property is less than 2.5 miles from Bartow Regional Medical Center and Watson Clinic, and only 1.3 miles from the Bartow Courthouse. Nearby amenities also include Bartow Middle School and Summerlin Academy (within 2.5 miles), and major retailers like Publix, Walmart, and Walgreens (within 5 minutes).
Documents:
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Location
Gallery
