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.
In Cooperation with SIG Real Estate Services FL LLC – Lic. # CQ1055229
Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities
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.
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