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32949200
32949617

5 Locations

AK
FL BK3343194
Commercial Partners Realty
KY
FL 3067803
Commercial Partners Realty
Listed by Commercial Partners Realty
$8,150,000
15 days on market
Updated 15 days ago

Dermatology Medical Office Portfolio Of 5 For Sale

Details
Property Type Retail, Office
Sub Type Medical Office
Cap Rate 6.36%
NOI $517,940
Tenancy Multi
Lease Type NNN
Ground Lease No

Dermatology Medical Office Portfolio

Marketing description

Single-Tenant NNN Leased Medical Office Portfolio

Recession-resistant medical tenant with essential services

Diversified 5-location portfolio reduces single-asset risk

Long-term leases with 3% annual bumps

Two four-year extension options

Total lease term of 15 years

Long-term current occupancy

Dunedin - 20+ years (acquired business)

Palm Harbor - 18+ years

Strong Tampa Bay growth market fundamentals

True NNN - Predictable passive income

Tenant:

13 locations

30+ providers

Patient-oriented dermatology clinic with multiple service lines

Cosmetic

Medical

Surgical

Skin Cancer Clinic

Tenant responsible for taxes, insurance, and maintenance

Located throughout the Tampa Bay Region, one of Florida’s fastest-growing markets

Investment highlights

  • Tenant in Business for 18 years and continuing to grow
  • New 7 Year Leases - WALT of 7.0 as of June 2026
  • Private Equity Backed

Listing Contacts

AK
FL BK3343194
Commercial Partners Realty
KY
FL 3067803
Commercial Partners Realty
Listed by Commercial Partners Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$517,940.00
$43,161.67/mo

Valuation Metrics

0
DSCR
6.36%
Cap Rate
6.36%
ROI

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Additional Information

Name
Austin Karrick
License
BK3343194
Brokerage Phone
727-822-4715
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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