Tampa Bay, Florida - Our Triple Net Lease Properties data today is regarding a MOB (Medical Office Building). MOB's, Triple Net Lease Properties and Apartment Buildings with a nice Cap Rate are very desired by many NNN Commercial Real Estate Investors. We checked out net leased properties on the west coast of Florida and found a MOB (Medical Office Building) sold recently. The net leased, medical office building "MOB" is located at 6748 Gall Blvd. in Zephyrhills, Florida. This is a very relaxed area of Florida but still close to many triple net lease properties opportunities.
This net leased property was purchased by Florida Hospital Zephyrhills. Florida Hospital Zephyrhills purchased the Investment Property which is a 11,546 square foot building. The net leased property seller was Health Care Realty Trust. The purchase price for this Medical Office Building was $1.5 million. The net lease property was completed in 1997 and is located in Tampa Bay's Northern Outlying submarket. Florida Hospital Zephyrhills is at the forefront of delivering top quality healthcare to the community.
Florida Hospital Zephyrhills has a commitment to its community as is evident if you visit their nearby 28-acre property. That hospital is a Christian, not-for-profit facility and is a member of Adventist Health System. AHS owns 38 hospitals in 10 states and is the largest not-for-profit, Protestant healthcare system in the United States. Florida Hospital Zephyrhills was established in 1985. They are formerly East Pasco Medical Center, and have experienced more than 35 additions or renovations, to their 450,000 square foot full-service healthcare facility.
To accommodate growing demand for office space for hospitals, we see more Medical Office Buildings (MOB) being constructed. So many Hospitals decide to develop medical office building (MOB) as an important strategic initiative for a hospital to grow. A net leased property MOB can increase a hospital's patient admissions by drawing patients from areas which may not have had ample accommodations. As with many NNN commercial real estate markets today, the bottom line for (MOB) medical office buildings is changing the way health care is promoted.
Contact Net Lease Properties for sturdy, recession resistant triple net lease properties. Also contact to sell your existing Net Lease Properties or a 1031 Exchange Property.
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