Ivanhoe Medical Plaza
Trophy Medical Asset | AdventHealth Adjacent
Marketing description
Millenia Partners is exclusively offering Ivanhoe Medical Plaza a ±11,419 SF, two-building medical-grade office campus directly across from AdventHealth Downtown Orlando's $1+ billion campus expansion. The offering is anchored by Walgreen's Specialty Pharmacy on a multi-year lease and structured to deliver a guaranteed 6.50% Day-One cap rate: the seller will execute a sale-leaseback on any remaining vacancy, fully stabilizing income at closing and removing all lease-up risk. Both buildings are built to medical-grade and ADA specifications with FF&E available & turnkey for the next physician group, surgical practice, or healthcare investor.
Ivanhoe Village is one of Central Florida's most supply-constrained medical corridors, making this a rare, credit-backed infill opportunity at a stabilized 6.50% cap.
Investment highlights
- Stabilized 6.50% cap rate
- NNN Leases
- Anchored by Walgreen's Specialty Pharmacy
- Directly across from AdventHealth Downtown Orlando
- Recently completed FDOT streetscape improvements
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