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29130198
29130199

5861 Dogwood Dr, Milton, FL 32570

PW
FL SL3185318
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$2,000,000
152 days on market
Updated 7 days ago

MainStreet Urgent Care | 6.0% CAP | 15-YR Lease

Details
Property Type Retail
Sub Type Day Care/Nursery, Pharmacy/Drug (+1)
Square Footage 2,655
Net Rentable (SqFt) 2,655
Cap Rate 6%
NOI $120,000
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 15
Lease Expiration 03/31/2040
Remaining Term 13.8
Rent Bumps Yes
Lease Options 4 X 5 Years
Broker Co-Op Yes
Year Built 2025
Acreage 0.880
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2025
Ownership Fee Simple

Corporate Lease With 65+ Locations | Low Rent

Marketing description

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this new 15-YR MainStreet Family Care in Milton, FL. MainStreet opened for business in April of 2025.

Investment highlights

Located directly across from new Publix anchored shopping center Rent is guaranteed by MainStreet's parent company which currently operates over 65 locations and is expanding rapidly

Tenant is responsible for maintaining the entire parcel creating passive ownership and stable cash flow

E-commerce and recession resistant business model

Fee simple ownership of the building allows for depreciation boosting after tax returns

Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth

Florida leads the nation in population and capital migration and Florida owners benefit from no state income tax and a business friendly political climate

Listing Contacts

PW
FL SL3185318
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Patrick Wagor
License
SL3185318
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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