Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
$1,135,000
Optum Health - Early Lease Extension
Details
APN 18-18-24-1000-00C-20100
Property Type Office, Retail
Sub Type Medical Office, Storefront
Square Footage 3,105
Cap Rate 6.35%
NOI $72,120
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 10
Lease Expiration 02/28/2033
Remaining Term 6.6
Rent Bumps Yes
Lease Options 1 (5-Year)
Price per SqFt $366
Broker Co-Op Yes
Year Built 2014
Year Renovated 2021
Stories 1
Zoning RP -- Residential Professional
Parking Spaces 40 spaces
Parking per 1,000 SqFt 12.88
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/16/2023
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange
3% Annual Increases| 7+ Years Remaining
Marketing description
Introducing an exclusive investment opportunity in Lady Lake, Florida at 809 County Road 466 unit 101-c. This property features a long-term single tenant NNN lease with Optum Health, a corporate guarantor under UnitedHealth Group. With 8 years remaining and annual rent increases, this investment boasts a net operating income of $72,120 and a 6.35% cap rate.
Located in The Villages, the highest-selling master-planned community in the US, this property offers stability and growth potential. The tenant's recent 8-year lease extension with options and rent escalations showcases a solid commitment to the site. This NNN property requires no landlord responsibilities, providing a hassle-free investment in a prime retail location with high traffic visibility.
Don't miss out on this opportunity to own a piece of an established brand in a thriving community. Reach out for more details and secure your investment today!
Investment highlights
- 8 Years Remaining | Recent Extension | Options to Extend | Annual Rental Increases | Established Brand
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Located Along County Rd 466 | Dense Retail Corridor | Rolling Acres Plaza (346,000+ SF) | Nearby Apartments & Schools
- The Villages | Local Demographics in 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,120.00
$6,010.00/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
Map
Zoning
RP MixedMixed UseResidential Professional
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
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View all 26 uses
View all 26 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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