3900 Destination PkwyOrlando, FL 32819
- Healthcare properties
- 41,032 SF
Property Details for 3900 Destination Pkwy
- Year built
- 2020
- Lot size
- 5.65 AC
- Property size (Sq ft)
- 41,032 SF
- Property type
- Healthcare properties
- Property subtype
- Other specialty properties
Description
This exceptional investment opportunity presents a brand-new, Class A, 41,032 square foot memory care facility located in Orlando, Florida. Built in 2020, this single-building property sits on a 5.65-acre lot at 3900 Destination Pkwy, 32819, within Orange County. The facility boasts 64 beds and currently enjoys 100% occupancy, generating a substantial Net Operating Income (NOI) of $1,500,000. The sale is structured as a sale-leaseback with a 25-year triple-net (NNN) lease in place, providing long-term, stable cash flow. This is a highly desirable investment in a resilient sector, benefiting from a strong and growing demographic of seniors in the area, coupled with its proximity to key decision-makers. The property's location in an infill area of Orlando further enhances its value and potential for long-term appreciation. This is a rare opportunity to acquire a high-performing, modern memory care facility with a secure, long-term lease. The property's exceptional financial performance and strategic location make it an ideal addition to any portfolio seeking stable returns and significant growth potential within the senior housing market. The sale-leaseback structure minimizes operational responsibilities while maximizing financial returns.
Location Insight
- City
- Orlando
- County
- Orange
- State
- Florida
- Latitude
- 28.4239
- Longitude
- -81.459
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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