Listed by Marcus & Millichap - Orlando
$3,500,000
Revere Medical
Details
Property Type Office
Sub Type Medical Office
Square Footage 6,054
Cap Rate 6.27%
NOI $219,569
Tenancy Single
Lease Type NNN
Lease Term 15
Lease Expiration 05/31/2035
Rent Bumps Yes
Lease Options (Three) Five-Year Options
Price per SqFt $578
Year Built 2002
Year Renovated 2020
Acreage 1.450
Investment Type Net Lease
Lease Commencement 05/27/2020
Office | 6.27% CAP | 6,054 SqFt
Investment highlights
- 9 Years Remaining on Original 15 Year Lease
- Remodeled to Tenants Specifications in 2020
- Total Hard Cost of Renovation Over $800,000 Including New Roof, HVAC and Parking Lot
- Tenant Improvement Contribution over $150,000
- Annual 2.5% Rental Increases
- Strategically Located Offering Access to Underserved Populations | Market Leading Provider for Value-Based Primary Care
- Operating Practice Acquired by VillageMD in 2021
- Village MD Arizona acquired by Revere Medical in January of 2026
Listing Contacts
Listed by Marcus & Millichap - Orlando
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$219,569.00
$18,297.42/mo
Valuation Metrics
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DSCR
6.27%
Cap Rate
6.27%
ROI
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Zoning
B-1 CommercialGeneral CommercialGeneral Commercial
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View all 158 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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