Description

This Lake Wales, Florida urgent care investment features a single-tenant medical property secured by an absolute NNN lease, delivering stable, hands-off income with zero landlord responsibilities. The asset is fully occupied with approximately 7.4 years of remaining lease term and includes 3% annual rent increases, providing consistent income growth and an effective hedge against inflation. Strategically located near a major regional hospital, the property benefits from strong healthcare synergies and enhanced long-term re-tenantability, appealing to a wide range of medical users. The surrounding Lake Wales market is experiencing significant residential expansion, with thousands of new housing units driving population growth and increasing demand for medical services. Operated within the rapidly growing urgent care sector—known for its convenience and cost-effective alternative to emergency rooms—the tenant is well positioned to capitalize on strong utilization trends. Combined with recent renovations, fee simple ownership, and durable healthcare demand, this asset offers a secure, income-producing investment with long-term stability and upside potential.