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1110-1117 N Central Ave
Kissimmee, FL 34741 Downtown Kissimmee

$750,000 USD

Medical Condo For Sale  •  2,592 SF

Property Details

  • Property Type Medical
  • Total Building Size 21,032 SF
  • Lot Size 2.89 AC
  • Building Class B
  • Year Built 1965
  • Cap Rate 6.30 %
  • Tenancy Multiple
  • Zoning KB3 - PROF OFC CONDO-IMP
60 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1113 Office 2,592 SF $750,000 USD
  • Unit Size: 2,592 SF
  • Condo Use: Office
  • Price: $750,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $289.35 USD

Description

Publicly-Traded Healthcare Tenant | NNN Income | Healthcare Corridor | Future Growth Potential

Strategically located in an established healthcare corridor of downtown Kissimmee, this 2,592 SF property is occupied by a subsidiary of AdaptHealth Corp., a publicly traded healthcare company and established provider of specialized medical equipment, supplies, and services. The property features a NNN lease, currently at 6.3% Cap Rate, increasing to 6.9% next year, providing attractive income growth potential. The versatile, open-concept layout includes offices, two bathrooms, and a rear storage area with a large back door for convenient deliveries and receiving, making the space suitable for a range of healthcare, medical-related, retail, or professional users. Its proximity to two major hospitals—HCA Florida Osceola Hospital and AdventHealth Kissimmee—further enhances its appeal as an income-producing healthcare investment. The tenant also pays the association fee. Contact us for financial information, lease details, and additional property information.

Highlights

Tenant is a subsidiary of AdaptHealth Corp.
NNN Lease
Cap Rate: 6.3% currently; 6.9% next year, with 5% annual rent increases
Prime Proximity to Major Hospitals: AdventHealth Kissimmee & HCA Florida Osceola Hospital
Established Downtown Kissimmee Healthcare Corridor with Strong Rental Upside Potential
Professional Uses Permitted, Including Pharmacy and Physical Therapy
Cap Rate: 6.30 %

Major Tenants

Tenant SF Occupied Lease End Date
Central Florida Sleep Centers
Colonial Medical Supplies
Florida Retina Institute
Lung Clinic
Orlando Pain Solutions
Pulmonary Disease Specialists, P.A.
Rajan Kalia
Shaukat Properties, LLP
University Orthopedic Care

Amenities

  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Orlando International 26 min - 18.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
John Sadri 407-619-9999 JOHN SADRI & Company LLC
John Sadri 407-619-9999 JOHN SADRI & Company LLC