Inquire About this Property

Fully Leased Medical Condos

2350 Vanderbilt Beach Road, Naples, FL 34109

Property Type:
Investment
Size:
7,847± RSF Total
Asking Price:
$4,195,000
Price/Sq. Ft.:
$534.60 PSF

Property Resources

Property Highlights

  • High visibility and easy access on Vanderbilt Beach Road
  • 5.52% CAP Investment
  • Excellent parking with 4 reserved covered spots
  • Private rear entrance for Physicians & staff
  • First floor suite is currently undergoing Ambulatory Surgery Center (ASC) certification
  • Due to the considerable tenant investment necessary to gain certification, an ASC presents little risk of default or non-renewal to the investor

CRE Consultants is pleased to offer the opportunity to acquire two fully leased medical office condos in a beautifully appointed Class A building with a covered drop-off/pickup area.

2350 Vanderbilt Beach Road, Suite 102 & Suite 303 are medical office condos located within Olympia Medical Park, constructed in 2008, and totaling 7,847± square feet. Suite 102 consists of 3,610± square foot that is being repositioned into a Class C outpatient ambulatory surgical center (“ASC”). A Class C surgical clinic provides major surgical procedures that require general or regional block anesthesia and support of vital bodily functions. Suite 303 is a 4,237± square foot Class A office condo.

The Assets are located in close proximity to supportive and complimentary facilities such as NCH North Naples Hospital and ProScan NCH Imaging. This corridor is the premier medical office location servicing Naples, the most affluent area of Southwest Florida.

Positioned in a core Naples location with immediate proximity to I-75 and US 41, the Assets are surrounded by a hub of world class medical research and healthcare providers. The immediate area consists of almost over 250,000 square foot of medical office, assisted living, skilled nursing, rehabilitation, and continuing care retirement, and senior housing facilities. Within a 1-mile radius of the property in the healthcare sector, there is minimal, if any, space available for lease. Additionally, situated between two Ritz-Carlton Resorts, the area is rich in amenities including entertainment, hotels, restaurants, and shopping destinations.

Other Tenants/Owners in the building include:

  • Regenerative Institute of Medicine
  • Millennium Physicians Group
  • Shahla Medical Group

The Vascular Group of Naples P.L., the current owner, will retain ownership of all FF&E and will sign a 10-Year NNN lease back with an effective date of rent commencement as the day of closing. The lease features 3% annual increases throughout the renewal periods.

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Fill out the form below to contact the listing agent and request additional information.

Dave Wallace, CCIM, SIOR

Senior Vice President

David Wallace

Senior Associate

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