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1403 MEDICAL PLAZA DR Sanford FL 32771-1085

APN 26193050800001260

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Details
Property Type Office, Retail
Sub Type Medical Office
Building SqFt 2,000
Lot SqFt 1,752
Acreage ******
Number of Units 29
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code RMOI
Year Built 1983
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Retail, Office
Property Subtype
Medical Office
Asking Details
Asking Price
$1,203,000
Asking Cap Rate
6.7%
Asking NOI
$80,569
Marketing Description

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1403 Medical Plaza Dr, Suites 104 & 105, Sanford, FL 32771

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Portfolio Overview

Peranich Huffman Net Lease Group is pleased to exclusively present the Pediatric Associates Florida Portfolio, a 6-property net lease offering located throughout the Greater Orlando and Central Florida markets.​ This portfolio provides investors with the opportunity to acquire a collection of pediatric medical office assets leased to one of the nation’s leading pediatric healthcare platforms.​ The properties are strategically positioned within established suburban communities benefiting from strong population growth, family-oriented demographics, and increasing healthcare demand across Florida’s high-growth Sun Belt markets.​

Leases

The portfolio is fully leased to Pediatric Associates under Triple Net (NNN) lease structures that minimize landlord responsibilities and provide stable, passive cash flow.​ All six leases feature 3.00% annual rent escalations, creating built-in contractual income growth and long-term compounding cash flow.​ The portfolio’s concentration within the Orlando MSA and surrounding Central Florida markets provides operational efficiency and exposure to one of the fastest-growing regions in the United States.​

Tenant

Pediatric Associates is recognized by Moody’s as the largest pediatric practice management company in the United States and maintains a B2 Corporate Family Rating with a Stable Outlook.​ Founded in 1955, the company operates an extensive pediatric healthcare platform supported by institutional sponsorship, recurring patient demand, and long-standing community relationships.​ The essential-service nature of pediatric healthcare, combined with Pediatric Associates’ established operating history and market presence, provides durable tenancy and long-term income stability for investors.​

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Investment Highlights

Portfolio Highlights

100% Pediatric Medical Office Portfolio

The portfolio consists of six purpose-driven pediatric medical office locations exclusively occupied and operated by Pediatric Associates, creating a specialized healthcare investment with operational consistency and essential-service tenancy across all assets.

Investment Grade Credit Profile

The tenant carries a Moody’s B2 Corporate Family Rating with a Stable Outlook, providing investors with the stability of an institutionally backed healthcare operator and enhanced long-term income security.

Strategic Florida Sun Belt Presence

The portfolio benefits from strategic positioning within the Greater Orlando MSA and surrounding Florida markets, areas driven by strong population growth, favorable demographic trends, and increasing demand for pediatric healthcare services.

Built-In Annual Rent Growth

Each lease features 3.00% annual rent escalations, providing built-in revenue growth and compounding cash flow throughout the lease term, helping support long-term income appreciation and inflation protection.

Triple Net (NNN) Lease Structure

All six properties are leased on a Triple Net (NNN) basis, offering investors a passive ownership structure with limited landlord responsibilities as the tenant remains responsible for taxes, insurance, and maintenance obligations.

Nation’s Largest Pediatric Platform

Pediatric Associates is recognized by Moody’s as the largest pediatric practice management company in the United States, reinforcing the tenant’s strong market position, operational scale, and long-term commitment to pediatric healthcare delivery.

Non-Income Tax State

Serving as a major benefit to the landlord, nine states: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming — levy no state income tax.

Property Type
Property Type
Office
Property Subtype
Medical Office
Marketing Description

Calling all family doctors/urgent care, and imagine x-ray centers..!!!! If you are looking to open a new practice or add a new location for your current practice, look no further. Complete turn key office renovated with fairly new A/C and furniture included. X-ray machine and laser machine for sale as well. This location also shares the parking lot to the only trauma hospital in all of Seminole county!! Property also available for lease $4500 per month NNN with option to buy. Amazing location!! Won't last at this price!!!!

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Document Number
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Document Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Recording Book
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Recording Page
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Resale Flag
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Transfer Tax
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Mortgage Page
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Sold By
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Sold To
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Property Type
Property Type
Office
Property Subtype
Medical Office, Executive Office
Marketing Description
Great Location with high visibility. Medical Condo on Central Florida Regional Hospital Campus. Located directly across the parking lot from the emergency room entrance. 1st floor unit with plenty of parking available. Free standing building. End unit office on ground floor. Move-in condition with 3 exam rooms, 3 offices, 2 bathrooms, nurse station, treatment room, kitchen, storage room, front lobby, and reception room. Backdoor to rear parking lot. Newer A/C unit. Annual average daily traffic count of 19,400 cars. Great opportunity for a new practice or as an investment.
Investment Highlights
  • Located in the Central Florida Regional Hospital Campus.
  • 1st floor unit.
  • Turn key

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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RMOI MixedMixed UseMultiple Family Residential Office Institutional
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
CS
Cody Spaur PRO
•••.•••.6951
••paur@••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
JS
Jason Seda PRO
LIC: FL 3214655 (+1)
•••.•••.8794
••••••alty@•••••.com
Brokerage logo

Map

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