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1309 Thomaswood DrTallahassee, FL 32308
1309 Thomaswood Dr, Tallahassee, FL
Asset ClassHealthcare Facility
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Overview

Wisdom Capital Group is pleased to present 1309 Thomaswood Drive in Tallahassee, Florida, a purpose-built medical office property located within a well-established medical corridor. The offering is structured as a sale-leaseback concurrent with the sale of the operating medical practice, providing investors with immediate, predictable cash flow backed by a long-term tenant commitment. At closing, the property will be leased on a five-year NNN basis at $22.00 per square foot with $4.00 per square foot in CAM reimbursements, inclusive of extension options, resulting in a projected 7.43% capitalization rate. The tenant will continue operations at the property following the transaction, with the current practitioner remaining in place for approximately one year to ensure a smooth transition of ownership and continuity of care. This structure offers investors a stabilized medical asset with limited landlord responsibilities, strong tenancy, and durable demand driven by its location within a high-traffic healthcare corridor.

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Investment Highlights

  • Medical office building located at 1309 Thomaswood Drive in Tallahassee, Florida, within a well-established and highly trafficked medical corridor serving the greater Tallahassee market
  • Purpose-built medical property currently occupied by an operating medical practice, with the practice being sold in conjunction with the real estate
  • Sale-leaseback structure at closing with a new operator, providing immediate stabilized cash flow
  • Located near major healthcare providers, professional offices, and supporting retail, reinforcing long-term demand for medical tenancy
  • Existing practitioner plans to remain for approximately one year post-closing to assist with the transition of ownership
  • Tallahassee benefits from stable healthcare demand driven by its role as the state capital, presence of major employers, and limited new medical office supply

 

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1309 Thomaswood DrTallahassee, FL 32308
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