Medical For Sale • 13,813 SF
| Corporate-guaranteed lease by John D. Archbold Memorial Hospital, Inc. with $512M revenue and $55M net income (2024) |
| Double net (NN) lease through 12/31/2035 with renewal options through 2045 |
| No early termination or kick-out clause |
| Minimal landlord responsibilities limited to roof, structure, and 50% HVAC replacement |
| Sole hospital provider in Thomas County with dominant regional position |
| Strong five-mile demographics with 31,172 population and $85,202 average household income |
| Cap Rate: | 6.65 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Archbold Medical Group | 13,813 SF | 12/31/2035 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tallahassee International | 65 min | - | 44.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 69 |
| Type: | Surface |
| Included in Rent: | Yes |