North Florida Regional Medical Center New Construction Absolute NNN Florida

Investment Offering

Tenant: North Florida Regional Medical Center | Gainesville, FL
Premises: 6,051 SF
Renewal Options: 2 x 5 Years

Lease Expiration: 10 Yrs from COE
Lease Type: Absolute NNN
Rental Increases: 3% Annually Beginning in Yr 6

Sands Investment Group is Pleased to Offer For Sale a Brand New Construction North Florida Regional Medical Center Located in Gainesville, Florida.

Brand New Construction in Markets West, a Newly Developed Master Planned Community Which Will Include a Dollar General, Future Business Park, Multiple Restaurants and Future Retail Developments
Ten Year Absolute Triple Net (NNN) Lease With Two (2), Five (5) Year Renewal Options and 3% Annual Rent Increases Beginning in Year 6
Strong Guarantee From North Florida Regional Medical Centers, Inc. With an Annual Revenue Over $400 Million
5% Population Growth Within a 1 to 5 Mile Radius Between 2010 and 2018
Surrounding Area Will Include 309 Residential Homesites, 248 Apartments and a 74 Bed Assisted Living Facility; a 1-Mile Radius Encompasses Over 5,500 High-Income Homes; a New East-West Road Will Connect Tower Road to SW 24th Ave, Making the Area High Traffic and Highly Desirable With Over 35,000 Annual Average Daily Traffic – Construction For the Residential Areas is Expected in Early 2019
Located in One of the Most Densely Populated Residential Districts in Gainesville
Gainesville is Known For the University of Florida, the Nation’s Fifth-Largest University Campus by Enrollment With Over 55,000 Students
Gainesville is the Largest City in Alachua County – as Well as the Most Populous City in North Central Florida
Neighboring Tenants Include: CVS, Starbucks, Zaxby’s, Applebee’s, Chick-fil-A, Walgreens, Olive Garden, Wells Fargo Bank and Home Depot

In Cooperation with SIG Real Estate Services FL LLC – Lic. # CQ1055229

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Tenant Overview

North Florida Regional Medical Center (NFRMC) is a 432-bed, full-service medical and surgical acute care center serving the North Central Florida area. In 2017, the Gainesville-based community hospital, and its services, grew substantially. This includes the addition of two new full-service, 24/7 Freestanding Emergency Rooms, the achievement of a leading Stroke program in the Hospital Corporation of America (HCA) as measured by a DNV-GL certification, and the introduction of advanced cardiovascular technology, including the Transcatheter Aortic Valve Replacement (TAVR). North Florida Regional remains a leader in delivering quality, award-winning healthcare to the Gainesville community and its surrounding areas. NFRMC is a part of North Florida Regional Healthcare, a healthcare system that also includes a number of other outstanding medical programs dedicated to quality healing. North Florida Regional Medical Center operates as a member and subsidiary of HCA Holdings, Inc. At its founding in 1968, Nashville-based HCA was one of the nation's first hospital companies. Today, HCA is the nation's leading provider of healthcare services, and is a company comprised of locally-managed facilities that includes 177 hospitals and 119 freestanding surgery centers in 20 states and England, and employing approximately 240,000 people. Approximately four to five percent of all inpatient care delivered in the country today is provided by HCA facilities.

Area Overview