15-Yr. Absolute NNN Medical Building | 2% Annual Increases

332 Medcrest Dr, Crestview, FL 32536

  • For Sale $3,100,000
  • Property Type Other
  • Lot Size 0.88 SF
  • Year Built 2005
  • Year Renovated 2023
  • Date Updated May 15, 2024

SECURE INCOME STREAM

  • New 15-Year Absolute NNN Lease – Rare 2% Annual Increases, Zero Landlord Responsibilities

  • Renovated in 2023 – Brand New Roof with 20-Year Warranty

  • Tenant Recently Acquired by Subsidiary of OptumCare –Affiliate of Optum, Inc. and Subsidiary of UnitedHealth Group, Inc. (NYSE: UNH)

  • Optum, Inc. is a Healthcare Company – Providing Technology Services, Pharmacy Care Services and Various Direct Healthcare Services

  • Management Free, Passive Investment – No State Income Tax Medcrest Drive is a Medical Planned Community – Loops to the North Okaloosa Hospital, the Nuclear Center for Medical Services and Largest Hospital in Crestview

PROXIMITY 

  • Just off Main Retail Corridor – Excellent Access to 51,100 VPD

  • Adjacent to Publix Anchored Center – National Tenants in the Area Include Walmart, Lowe’s, Chipotle, Aldi, Starbucks, Dunkin’, Walgreens and Others

  • 58,069 Residents in Primary Trade Area – With an Average Household Income of $93,509

  • 51,127 Total Daytime Population

  • Just off Interstate 10 – Direct Access to Pensacola and Tallahassee with 18,600 VPD

  • Located in Heart of Florida Panhandle – Accessible to Major Cities such as Fort Walton Beach (25 miles), Destin (33 miles) REP PHOTO and Pensacola (50 miles)

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Attachments

Contacts

broker

Thomas Ladt

Location

Getting Around

  • Walk Score ®

    45/100 Car-Dependent
  • Bike Score ®

    22/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Crestview, FL
  • Zip Code 32536
  • Market Pensacola

Points of Interest

  • Tesla Supercharger

    0.26 miles

  • BP

    0.48 miles

  • Exxon

    1.15 miles

  • Tom Thumb

    1.80 miles

  • Sunoco

    1.96 miles

  • CEFCO

    2.47 miles

  • CEFCO

    2.57 miles

  • Exxon

    3.54 miles

  • BP Gas Convenience Store

    3.99 miles

  • Truck Parking

    0.57 miles

  • Trailhead Florida Trail

    3.44 miles

  • Econo Lodge

    0.53 miles

  • Country Inn & Suites

    0.68 miles

  • Hampton

    0.86 miles

  • Quality Inn

    0.92 miles

  • Holiday Inn Express & Suites Crestview South I-10

    0.97 miles

  • Comfort Inn & Suites

    0.97 miles

  • Super 8

    1.01 miles

  • Hampton Inn & Suites

    1.13 miles

  • Comfort Inn

    1.15 miles

  • Red Roof Inn

    1.19 miles

  • Captain D's

    0.21 miles

  • Dunkin' Donuts

    0.21 miles

  • Hungry Howie's

    0.22 miles

  • Hot Head Burritos

    0.23 miles

  • Papa Murphy's

    0.26 miles

  • Yardbirds

    0.27 miles

  • Lenny's Sub Shop

    0.28 miles

  • Panera Bread

    0.29 miles

  • Taco Bell

    0.31 miles

  • Golden Asian Buffet

    0.32 miles

  • South Side Primary School

    1.22 miles

  • Shoal River Middle School

    1.75 miles

  • NWFSC Robert L.F. Sikes Education Center Crestview

    1.80 miles

  • Riverside Elementary School

    1.94 miles

  • Northwood Elementary School

    2.31 miles

  • Richbourg School

    2.31 miles

  • Walker Elementary School

    2.84 miles

  • Antioch Elementary School

    2.90 miles

  • Bob Sikes Elementary School

    3.14 miles

  • Crestview High School

    3.69 miles

Frequently Asked Questions

What is the lease rate for 15-Yr. Absolute NNN Medical Building | 2% Annual Increases?

Rental asking rate at 15-Yr. Absolute NNN Medical Building | 2% Annual Increases is $1,550,000.00/YR.

What is the total square footage of 15-Yr. Absolute NNN Medical Building | 2% Annual Increases?

15-Yr. Absolute NNN Medical Building | 2% Annual Increases totals 7,337 square feet.

When was this property built?

15-Yr. Absolute NNN Medical Building | 2% Annual Increases was built in 2005.

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Contact Listing Broker

broker

Thomas Ladt