The Atrium Medical Building TURN-KEY INVESTMENT OPPORTUNITY
About this Florida Medical Investment Property
MSR Holdings is pleased to offer you another excellent investment opportunity, located in downtown Kissimmee, Florida. This property is located within walking distance to Osceola Regional Medical Center, a 321-bed hospital with more than 1,700 staffed employees. It is also located within the new Kissimmee Medical Arts District.
- Building Size: 20,667 SF
- 80% leased
- Recent 2014 renovations on interior and exterior
- Opportunity for significant value increase
- Excellent location
Excellent Cap Rate with 20% Vacancy Upside
This building is an exceptional commercial real estate investment opportunity because it currently has a very attractive cap rate of 9.6%, and is well positioned to benefit from economic improvement in the area. Utilizing Medical Economic Development Incentives, the City of Kissimmee expects to create close to 5,000 jobs over the course of the next 5 years within the District in conjunction with the massive expansions undertaken by the area’s two major hospitals.
Additionally, it offers 20% available lease space. Tenants currently leasing the other 80% are paying rents 20% lower, on average, than the immediate area; therefore, it provides significant upside through increasing rents to market rate over time and fully leasing the vacant suites.
If you are interested in receiving complete investment details, call 1.866.995.2929 or submit the form to the right.
The Atrium Medical Building
- Minimum Investment: 5% of Project (Submit Form for Details)
- Expected Hold Period: 3-5 Years
- Projected Return: 25% per annum
- Current Cap Rate: 9.6%
- Capital Appreciation: Over $1.75 Million