Significant Capital Improvements Completed – $375,000 in 2018
10-Year Option – Tenant has a rare 10-year option to extend allowing an investor to capitalize on a long-term recasting of the lease at the end of the base lease term.
Annual CPI Increases
246,642 People Within 5 Miles
Recession Proof Essential Business
E-Commerce Proof Resilient Business
Less than 3 Miles from Bayfront Baby Place
Marcus & Millichap is pleased to present Women’s Care, a truly rare investment opportunity for an investor to purchase a property with a proven track record of success in the market of St. Petersburg, FL. This is a corporate backed lease with a 10-year option to extend which allows an investor to capitalize on a long-term recasting of the lease at the end of the base lease term. Additionally, this property is an essential business making it a recession, pandemic, and e-commerce proof concept. Women’s Care is dedicated to this site long-term because it is one of the original locations and is deeply rooted in the community. It is also located less than 3 miles from Bayfront Baby Place, which offers a broad spectrum of obstetric and neonatal services to ensure the highest level of care for patients and their babies. This prime property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.
James Garner, CCIM
First Vice President InvestmentsJames.Garner@MarcusMillichap.com
Jim Shiebler, CCIM, CEC
Senior Vice President Investments
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