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    SimonMed Imaging
    $5,300,000
    Plus Winter Park, FL
    Lease Type
    NNN
    Cap Rate
    6.24%
    Property Type

    Office

    Building Size
    6,200 SF
    NOI
    $330,932
    Land Area
    0.30 AC
    Remaining Term
    15 Years
    Status
    Sold
    Michael Zimmerman
    Michael Zimmerman
    Founder
    Property Highlights
    Prime Investment Opportunity

    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.

    New Construction in Winter Park

    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.

    Proximity to Orlando Attractions

    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.

    SimonMed Imaging
    Winter Park, FL
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