Homestead, FL - Pediatric Associates

Description:

• Brand new 10-year lease terms with 2 (5-year) options to extend
• 3% annual rental increases throughout the base term and option periods
• The lease features a corporate guaranty from Pediatric Associates Holding Company, LLC, the largest privately held primary care pediatric practice in FL

• The Pediatic Associates was constructed in 2024 and is an outparcel to Target
• The subject property is located adjacent to Homestead Pavillion, a 390,000+ square foot power center, anchored by Sprouts Farmers Market
• Shadow anchors at Homestead Pavillion center include; Kohl’s, TJ Maxx, Planet Fitness, Ross Dress for Less & Petco, generating an ideal tenant synergy
• Other national credit tenants in the immediate trade are include; Raising Cane’s, Lowe’s Home Improvement, Publix Super Market and many others