425 Nursing Home Drive

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425 Nursing Home Drive

Arcadia, FL 34266
Asking Price
$2.65M
Asset Type
Office
Class
Class B

What's Special

425 Nursing Home Drive is located in the northern corridor of Arcadia, Florida, situated within a quiet mixed-use neighborhood. The property is positioned near the intersection of State Road 17 and Highway 70, providing direct transit access to regional hubs like Sarasota and Port Charlotte. Local amenities include the DeSoto Memorial Hospital complex and various retail centers along the nearby main thoroughfares. The immediate area is characterized by a blend of medical facilities, long-term care centers, and municipal offices, offering a stable environment for commercial operations. This office asset is well-suited for professional services, administrative headquarters, or healthcare-related practices, such as medical billing or outpatient consultation. The layout and strategic proximity to the hospital campus make it an ideal location for tenants seeking a satellite office or a specialized clinic. Typical occupants would include legal practitioners, insurance agencies, or healthcare providers looking to leverage the established medical character of the street. The property offers a functional environment for businesses requiring both local accessibility and a professional atmosphere within the Arcadia market.

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NOI
$80,000
Cap Rate
3.01%
DSCR
0.51
Underwater
Cash-on-Cash
-9.74%
Monthly Payment
$13,130.544
Annual Cash Flow
$-77,566.527

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