SimonMed Imaging is one of the largest outpatient medical imaging providers and the largest physician radiology practice in the country. This corporate-guaranteed SimonMed Imaging in adjacent to a new Wendy’s location. The NNN lease features no landlord responsibilities for ease of investment. The 15-year lease term includes scheduled 10 percent rental increases within both the base term and both renewal options. Additionally, Florida has no state income tax.
The property is brand-new construction along West Fairbanks Avenue (33,000 cars passing daily). The building (adjacent to Wendy’s) is near many recognizable retailers, including Publix, T-Mobile, McDonald’s and Walgreens. This Wendy’s location is also less than one mile from the popular Park Avenue shopping district, the city’s new SunRail station and the Valencia College Winter Park campus.
This SimonMed Imaging location is less than five miles from the heart of downtown Orlando and less than 15 miles from Universal Orlando Resort. Orlando is one of the world’s most-visited tourist destinations, attracting more than 75 million tourists in 2018 alone. Additionally, Orlando hosts more than 10 million business visitors annually. The city is No. 1 in the nation for meetings and events, which on average have a total economic impact of more than $2.4 billion annually.