Premier Winter Park Medical & Professional Office
For Sale: Multi-Tenant Medical & Professional Office | Anchored by Orlando Health
Marketing description
Premier Winter Park Medical & Professional Office (The “Property”) is a 35,388 RSF, multi-tenant medical outpatient building located at 1555 Howell Branch Road in Winter Park, Florida, one of the most established and affluent submarkets within the greater Orlando region. The Property is currently 93.5% leased to a diversified mix of healthcare and professional tenants, anchored by Orlando Health, with additional dental, specialty medical, and professional service practices that directly serve the surrounding residential base.
The Property is situated along Howell Branch Road, a primary east–west arterial connecting Winter Park, Maitland, Casselberry, and Winter Springs. This corridor benefits from strong daily traffic counts, excellent visibility, and convenient access to SR-436, U.S. 17-92, and Interstate 4, positioning the Property within a dense and established outpatient catchment area. The surrounding neighborhoods are characterized by affluent households, executive residences, and long-term owner occupancy, supporting stable demand for neighborhood-based healthcare services.
Premier Winter Park Medical & Professional Office also benefits from proximity to several major regional healthcare systems, including AdventHealth Winter Park, AdventHealth Orlando, Orlando Health ORMC, Nemours Children’s Hospital, and multiple HCA Florida Healthcare campuses. This proximity reinforces the Property’s role as a strategically located off-campus medical facility serving downstream outpatient demand.
Ownership has completed significant capital improvements enhancing tenant experience and reducing near-term capital requirements. With below-market in-place rents, contractual rent escalations, and staggered lease expirations, the Property offers a clear opportunity to grow NOI through renewals and selective re-leasing, while maintaining a stable healthcare-oriented tenant mix.
Premier Winter Park Medical & Professional Office represents an opportunity to acquire a well-located, fully improved medical office asset in a premier Winter Park corridor, supported by strong demographics, durable tenancy, and long-term healthcare demand within one of the fastest-growing MSAs in the country.
Investment highlights
Premier Winter Park Location
Established, supply-constrained submarket with affluent demographics and executive housing.
Dense Neighborhood Catchment
Serves Winter Park, Maitland, Casselberry, and Winter Springs along Howell Branch Road, a primary east–west service corridor.
Healthcare-Anchored Tenancy
Anchored by Orlando Health, supported by dental, specialty medical, and healthcare-adjacent users.
Hybrid Medical & Professional Office Asset
Flexible tenancy profile supports both medical and professional office users, enhancing long-term re-tenanting optionality.
Below-Market In-Place Rents
In-place rents remain below replacement cost and newer medical and professional office product, providing mark-to-market upside.
Favorable Lease Rollover Profile
4.2-year W.A.L.T. with staggered expirations allows for near-term renewal and rent growth opportunities.
Recent Ownership Capital Improvements
Ownership has completed meaningful interior and exterior upgrades, reducing near-term capital expenditure risk.
Strong Tenant Retention Dynamics
Neighborhood-based medical and professional tenants benefit from convenience, visibility, and limited nearby alternatives.
Off-Campus Healthcare System Proximity
Located within the service radius of multiple major healthcare systems, benefiting from outpatient migration trends.
Defensive Medical Office Fundamentals
Healthcare-oriented office assets continue to demonstrate stability and resilience relative to traditional office.
Vacant Spec Suite Completed
Ownership is completing a spec suite build-out for the vacant space, including new paint, flooring, and lighting, representing an approximate $40,000 investment to support near-term lease-up.
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