Special Purpose•Assisted Living•For Sale

Lucrative Medical Practice And Real Estate For Sale

612 Palmetto Street, New Smyrna Beach, Florida 32168

Sale Price $15,000,000
Sale Type Owner User
Bldg Type Owner-User
Class B
Status Existing
Year Built 1992
Stories 1
Cap Rate 10.00%
Annual Taxes $6,788.00
Gross Bldg 2,966 SqFt
Land Area .34 Acres
Market Deltona/Daytona Beach
Sub-Market Southeast Volusia County
Parcel# 74-41-38-25-2750
Commission 1.0
Located in the midst of the New Smyrna Beach Medical District, this well-established Gastroenterology/Ambulatory Care Center is available for sale. The Bert Fish Medical Center and The Florida Hospital Orthopedics and Surgery Center are located next door and across the street. Prospective purchasers can choose to purchase the real estate and medical practice, or they can purchase just the practice while accepting a lease arrangement from the Owner. Owner-Operators will be able to continue the operation of a Gastroenterology/Ambulatory Care Center, or operate another medical enterprise in the building. This offering includes: • .34 Acres • 2996 SF Building • 12 Parking Spaces • Gastroenterology/Ambulatory Care • FFE included • $2,193,519 Gross Revenue • $1,587,437 EBIDTA The new Owner-Operator will be able to take over a well-established practice while earning a significant return on their investment. Asking Price: $15M Financing: Pharus Funding Partners will work with the new Owner-Operators to obtain financing that includes 10%-15% down payment with favorable rate and terms. Financing: Pharus Funding Partners will work with the new Owner-Operators to obtain financing that includes 10%-15% down payment with favorable rate and terms.
  • Lucrative Gastroenterology Practice and Ambulatory Service
  • Gross Revenue - $2,193,000 NOI - $1,587,000
  • Practice in Operation from 1992
  • Option to Purchase Practice and Lease Building

1 Spaces

1
10/22/2019 12:00:00 AM 10/22/2019 8:55:38 PM
Benny Spensieri
Broker
CRES Corp International
SEND ME A MESSAGE

SEND A MESSAGE

0/100
dummy toaster to trick _toastr script loaded by scripts.js Show Default