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Property Highlights
Atlantic Capital Partners has been engaged to solicit offers for the sale of this SimonMed Imaging center in Leesburg, FL. SimonMed has occupied this building since 2018 and recently renewed the lease for an additional 7 years. SimonMed’s lease features rare 3.0% annual rent increases and is an Absolute Net lease where the tenant is responsible for all aspects of maintenance and repair to the building including roof and structure. SimonMed is one of the largest imaging centers in the US with over 160 locations in 11 states.
- Recent Renewal
- No Landlord Maintenance Obligations
- 160+ Locations
- Priced Below Replacement Cost
- Future Development Potential
- Rare 3% Annual Rent Increases
- Depreciation
- Florida State