Ground Lease Sale of Medical Office Property in Daytona Beach Reaches $4.8 Million

July 30, 2025 - 22:41

SRS Real Estate Partners has successfully facilitated the sale of a $4.8 million ground lease for a newly constructed, single-tenant medical office located in Daytona Beach, Florida. The property is fully leased to Florida Health Care Plan, Inc., which has committed to a 20-year absolute NNN lease. This transaction highlights the growing demand for medical office spaces, particularly in regions with a robust healthcare infrastructure.

The strategic location of the property is expected to attract a steady flow of patients, reinforcing its long-term viability as a medical facility. With the increasing emphasis on healthcare services, investors are keenly eyeing opportunities in the medical office sector. This sale not only reflects the confidence in the local market but also underscores the importance of quality tenants in securing favorable lease agreements. The deal represents a significant milestone in the ongoing evolution of real estate investments in the healthcare domain.