501 S Orange Street

NNN Investment Property in desirable New Smyrna Beach.
3,025 SF freestanding medical office building.
Sale/leaseback opportunity - Medical practice tenant with multiple Central FL locations.
New 5 year NNN lease with renewals will be signed at closing.
6.0% cap rate year one with 3% annual increases.
Functional medical floor plan; 4 exam rooms, 2 offices, 1 procedure room, 2 restrooms, large lobby, administration, breakroom, etc.
Tenant has been operating out of this location since 2014.
Freshly painted exterior and landscaping.
An excellent addition to your real estate portfolio!