Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire 351 NW Le Jeune Road, Units 315, 503 & 504, a 7,453 SF institutional-quality
medical office condominium investment located in Miami, Florida. The offering consists of three medical office condominium units that are 100% leased under long-term net
leases to Conviva Senior Primary Care, a wholly owned subsidiary of Humana Inc. (NYSE: HUM). Offered at $4,498,000, the property generates $303,660 in annual net operating
income, representing a 6.75% capitalization rate, while providing investors with passive ownership backed by one of the nation's largest healthcare organizations.
Conviva Senior Primary Care is a leading provider of value-based primary healthcare services focused exclusively on Medicare beneficiaries. As a wholly owned subsidiary of
Humana Inc., one of the nation's largest publicly traded health insurance and healthcare companies. Conviva benefits from significant financial strength, operational scale, and a long-term commitment to expanding outpatient healthcare services. The property is leased through May 31st, 2035, providing approximately 8.8 years of remaining lease term. Units 503 and 504 feature 2.0% annual rent escalations, while Unit 315 benefits from 2.5% annual rent escalations, creating predictable income growth throughout the remaining lease term. The net lease structure further enhances the investment by delivering stable, management-light cash flow with minimal landlord responsibilities.
Strategically positioned approximately two miles from Miami International Airport, the property benefits from exceptional accessibility within one of South Florida's premier
healthcare corridors. The asset is located just minutes from the Jackson Memorial Hospital campus and University of Miami Hospital, while also providing convenient access to
HCA Florida Mercy Hospital, HSA Coral Gables Hospital, and Kindred Hospital Coral Gables. This concentration of nationally recognized healthcare providers reinforces the
area's position as a regional destination for advanced medical services and outpatient care.
Located within the thriving Miami metropolitan area, one of the fastest-growing and most economically dynamic markets in the United States, the property benefits fromsustained population growth, continued commercial development, and increasing demand for outpatient healthcare services. Combined with institutional-quality tenancy,
durable contractual income, annual rental growth, passive net lease ownership, and an irreplaceable location within Miami's premier medical district, 351 NW Le Jeune Road
represents a compelling opportunity to acquire essential healthcare real estate backed by a nationally recognized healthcare platform.
Nick Myers
Zeustra Real Estate Investment Services
