7318 Broad StBrooksville, FL 34601

Property Details for 7318 Broad St

Year built

1973

Lot size

1.92 AC

Property size (Sq ft)

9,650 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity presents a 9,650-square-foot Class B medical office building located at 7318 Broad St, Brooksville, FL 34601. The property, built in 1973 and situated on a 1.92-acre lot, is currently 75% occupied by Davita Dialysis, a leading national kidney care provider with a strong financial profile ($11.38 billion in revenue, $617 million net income, $3.8 billion net worth, and Ba2/BB credit rating). This is a triple-net (NNN) lease investment offering a 5.53% cap rate and a net operating income (NOI) of $75,490. The asking price is $1,366,000, translating to $141.55 per square foot. The property is zoned for commercial use and benefits from a long-term lease with no early termination or kick-out clauses during the initial term and any exercised options. The tenant's strong financial position and the growing demand for dialysis services make this a compelling investment in a recession-resistant industry. The property's location in Hernando County, Florida, provides convenient access to a substantial patient base. This is an ideal opportunity for investors seeking a stable, long-term, net-leased investment with a reputable tenant in a high-demand sector.

Location Insight

City

Brooksville

County

Hernando

State

Florida

Latitude

28.5366

Longitude

-82.4055

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