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29140607
29140608

3201 Budinger Ave, St. Cloud, FL 34769

BK
FL FL SL3507330
First Capital Property Group
TS
FL FL BK3204675
First Capital Property Group
DV
FL FL SL3262084
First Capital Property Group
Listed by First Capital Property Group
$4,850,000
149 days on market
Updated 18 days ago

3201 Budinger Ave

Details
Property Type Office
Sub Type Medical Office
Square Footage 14,200
Cap Rate 6.73%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 09/30/2034
Remaining Term 8.3
Rent Bumps Yes
Price per SqFt $342
Year Built 2010
Year Renovated 2024
Buildings 1
Stories 1
Zoning SPUD
Parking Spaces 5 per 1,000 sq ft
Investment Type Net Lease
Lease Commencement 10/01/2024
Occupancy Date 10/01/2024

Single-Tenant NNN Investment | 6.73% CAP | 14,200 SqFt

Marketing description

6.73% Cap Rate NNN Investment: Single-Tenant NNN leased dual concept Early Childhood Education Facility and ABA Therapy, located in the high-growth Nolte Road corridor, 1 mile south of Orlando Health St. Cloud Hospital

Strategically positioned 1.5 miles from Florida’s Turnpike access, and surrounded by over 20,000 new housing units slated for development within a 4 mi. radius

Blue Heart Behavioral Services for Kids / Imagineers Academy occupies the entire building on a NNN lease and has 8.5 years of term left with one 9% followed by seven 3% annual increases

Recent capital improvements include: three new HVAC systems (2025), exterior fully re-painted (2024) and roof re-sealed (2024)

Landlord responsibilities: parking lot, foundation, plumbing and electrical not within the building, roof and exterior walls

Investment highlights

6.73% Cap Rate NNN Investment: Single-Tenant NNN leased dual concept Early Childhood Education Facility and ABA Therapy, located in the high-growth Nolte Road corridor, 1 mile south of Orlando Health St. Cloud Hospital

Strategically positioned 1.5 miles from Florida’s Turnpike access, and surrounded by over 20,000 new housing units slated for development within a 4 mi. radius

Blue Heart Behavioral Services for Kids / Imagineers Academy occupies the entire building on a NNN lease and has 8.5 years of term left with one 9% followed by seven 3% annual increases

Recent capital improvements include: three new HVAC systems (2025), exterior fully re-painted (2024) and roof re-sealed (2024)

Landlord responsibilities: parking lot, foundation, plumbing and electrical not within the building, roof and exterior walls

Listing Contacts

BK
FL FL SL3507330
First Capital Property Group
TS
FL FL BK3204675
First Capital Property Group
DV
FL FL SL3262084
First Capital Property Group
Listed by First Capital Property Group

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Additional Information

Name
Ben Kuykendall
License
FL SL3507330
Brokerage
First Capital Property Group
Title
Sales & Leasing Associate
Name
Trent Scott, CCIM
License
FL BK3204675
Brokerage Phone
407-872-0177
Name
Dan Van Nada, CCIM
License
FL SL3262084
Brokerage Phone
407-872-0177
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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