Surgery Center Sale-Leaseback
Office | 7.11% CAP | 3,418 SqFt
Marketing description
Wisdom Capital Group is pleased to present 436 Nokomis Ave S, Venice, Florida, a premier medical office investment offered as a seven-year sale-leaseback with a highly respected physician who has successfully served the Venice community for more than 30 years. The property is offered at $1,250,000, representing an attractive 7.10% cap rate on an annual net operating income of $88,868.
At closing, the seller will execute a brand-new seven-year triple net (NNN) lease at $26.00 per square foot with 2.5% annual rent escalations and two five-year renewal options. The triple net lease structure provides investors with stable, predictable cash flow while minimizing landlord responsibilities.
The 3,418-square-foot medical office has been exceptionally maintained and offers ample on-site parking, making it well suited for long-term medical use. Positioned along Nokomis Avenue South in Venice, the property benefits from a desirable medical location with excellent accessibility and strong surrounding demographics.
The physician has established a distinguished reputation throughout the Venice medical community over the past three decades, creating a loyal patient base and demonstrating a long-term commitment to the practice. This offering provides investors with the opportunity to acquire a well-located medical asset backed by a proven operator, contractual rent growth, and an attractive yield.
Investment highlights
- Seven-year sale-leaseback with a brand-new triple net (NNN) lease commencing at closing, providing investors with stable, passive income and minimal landlord responsibilities.
- Offered at $1,250,000, representing a 7.10% capitalization rate on $88,868 of annual net operating income.
- Contractual 2.5% annual rent escalations create built-in NOI growth throughout the initial lease term and renewal periods.
- Two additional five-year renewal options provide the potential for up to 17 years of tenancy.
- Long-standing physician with more than 30 years of successful practice in the Venice market and a well-established reputation within the local medical community.
- Well-maintained 3,418-square-foot medical office with ample on-site parking, designed to support long-term medical operations.
- Prime Venice location on Nokomis Avenue South with convenient access to surrounding residential neighborhoods, major roadways, and complementary medical providers.
- Medical office properties continue to demonstrate strong investor demand due to resilient healthcare tenancy, high barriers to relocation, and consistent patient-driven demand.Attractive opportunity to acquire a stabilized medical asset backed by an experienced physician in one of Southwest Florida's most desirable and rapidly growing healthcare markets.
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