Return to Listing With Agent Info Without Agent Info

NNN Investment Medical Office Building

2020 Flamingo Drive, Bartow, Florida 33830
Sold: $1,108,564
NNN Investment Medical Office Building

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
6,381 sqft
Land Size
0.95 acres
Zoning
Commercial
Year Built
1980

Property 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.

Location Description
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).

For more information please visit:

https://commercial.saundersrealestate.com/commercial-property-for-sale/2020-flamingo-dr-bartow-fl-33830/

Location

Contact

Sid Bhatt, CCIM
Sid Bhatt, CCIM
Saunders Real Estate
Office: (877) 518-5263 ext. 484
[email protected]
Trace Linder
Trace Linder
Saunders Real Estate
Office: (863) 648-1528
[email protected]