7431 GLADIOLUS DR Fort Myers FL 33908-5122

Northmarq is pleased to offer to qualified investors the opportunity to acquire fee-simple interest in the 7,315 SF single-tenant ASC & MOB that’s 100% NNN leased to SCA Health at 7431 Gladiolus Drive in Fort Myers, FL (“the Property”). Situated on 1.13 ACs in the premier medical market of Ft. Meyers, the Property is NNN leased with +/- 5.6 years of LTR to SCA Health Gladiolus Surgery Center, a medical practice that’s jointly owned 50/50 by SCA Health and 23 local physicians practicing at this location (collectively, “the Tenant”). SCA Health, a subsidiary of UnitedHealth Group (S&P A+), is a national leader in ambulatory surgical care, operating a vast network of 320+ surgery centers across 35 states with 9,200+ employees and performing 1.43M+ procedures annually.

Situated with outstanding roadside visibility along the heavily trafficked Gladiolus Dr (41.5K+ VPD), the Property sits within a dense residential market of over 56K residents living within a 3-mile radius earning an affluent average household income of $103K+. Positioned amidst a 4M+ SF retail trade area within a premier Southwest Florida medical corridor, the Property benefits from its location as it sits within a 2-mile radius of over 50 medical practices with proximity to the Gulf Coast Medical Center (699 beds), HealthPark Medical Center (326 beds), and the 228K SF Bell Tower Mall. Population growth and medical demand has consistently grown in Fort Meyers over the years; with a new Lee Health Hospital and new HCA Hospital currently underway within +/- 5-miles of the Property, Fort Meyers continues to further establish itself as a premiere FL medical market which directly benefits the Subject Property.

In addition to being a physician-owned practice, the Tenant has demonstrated significant commitment to this location as its operated at the site for over 23 years since the building was constructed in 2002. After more than a decade of physician-led success, SCA Health acquired a 50% ownership stake in the practice for $9.3 million in 2016, reinforcing the tenant’s long-term commitment to this location. With high intrinsic real estate value in the premier Southwest Florida medical market of Fort Myers, this offering represents an exceptional opportunity to acquire a prime-located stable ASC & MOB that’s 100% NNN leased to a nationally leading ASC hospital group with a long-standing 23yr+ operating history and proven commitment to the site.

Nationally Leading Ambulatory Surgery Center Group (SCA Health - UnitedHealth Group Subsidiary - S&P A+)

23+ Year Operating History & Proven Tenant Commitment

Premier South Florida Medical Location (<2 Miles from the 699-Bed Gulf Coast Medical Center, the 326-Bed HealthPark Medical Center, and +/- 50 Medical Offices)

4M+ SF Retail Trade Area with a Dense National Retailer Presence

Multi-Disciplined ASC Serving Multiple Long-Standing Practices

NNN Lease with Limited Landlord Responsibilities and Annual Escalations

Strong Demographics (3-Mile Radius: 56K+ residents | AHHI $103K+)

No State Income Tax