3205 Physicians Way
Office | 8.50% CAP | 8,568 SqFt
Marketing description
3205 Physicians Way is strategically positioned in Sebring, Florida, the county seat of Highlands County and a well established Central Florida community known for its stable population base and strong healthcare demand. The property benefits from direct access to US-27, the area’s primary north–south corridor, which provides regional connectivity and convenient accessibility for patients and staff.
Within a five-mile radius, the property serves approximately 34,620 residents with a median age of 50 and an average household income of $62,689. The surrounding demographic profile skews older than state and national averages, supporting sustained demand for medical services and long-term healthcare utilization. This aging population dynamic provides a consistent patient base for medical office users.
Sebring offers a cost-effective operating environment compared to major Florida markets, with affordable housing, steady household formation, and limited institutional medical supply. The area is supported by regional healthcare providers, local retail centers, and established community anchors. Nearby amenities include Downtown Sebring, Highlands Hammock State Park, and the Sebring International Raceway, contributing to the area’s overall appeal.
Overall, 3205 Physicians Way benefits from stable demographics, accessible transportation infrastructure, and long-term healthcare demand drivers that support durable occupancy for medical office users
Investment highlights
- Stabilized, 100% Occupied 3-Year Sale-Leaseback Asset – The seller will execute a 3-year lease at closing, providing immediate in-place income.
- Attractive 8.50% Cap Rate - Offered at $1,222,600 with $103,918 in NOI, providing strong current yield relative to comparable medical office investments.
- Triple Net Medical Tenancy - The primary 6,360 SF medical office tenant operates under a NNN lease with 3.00% annual rent increases, reducing landlord responsibilities and providing contractual income growth.
- Dual Income Stream Structure - The 8,568 SF property includes both a medical office component and a 2,208 SF residential unit, creating diversified revenue and enhanced yield.
- Competitive In-Place Rents with Upside - Medical rent of approximately $15.00/SF aligns with local comparable and presents future mark-to-market potential.
- Modern Construction and Ample Parking - Built in 2003 on 1.03 acres with 30 parking spaces, equating to a 6.84/1,000 SF parking ratio suitable for medical use.
- Strong Accessibility and Visibility - Conveniently located near US-27 with approximately 34,704 vehicles per day, supporting patient convenience and tenant exposure.
- Supportive Healthcare Demographics - The surrounding population’s higher median age and stable household base create durable long-term demand for medical services
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