21st Century Oncology

7335 Gladiolus Drive - Fort Myers Florida 33908

LTV (Loan to Value)	65.00%	Current NOI	$363,043.00
Interest Rate	4.250%	Capital Rate	8.000%
Fixed Term	10 Years	Land Area	+/- 1.43 acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$2,951,000.00	Property Type	Medical Office Building
Payment	$15,986.69	Property Lease
Bulding Size	0 SF	Remaining Terms	+/- 5.5 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a 21st Century Oncology property located in Fort Myers, FL. 21st Century Oncology is operating under a seven (7) year NNN lease term with five-and-a-half (5.5) years remaining. The lease features five (5), five (5) year renewal options. The subject property is located off of Ben C. Pratt Pkwy (+/- 34,677 VPD), approximately 5 miles north of 21st Century Oncology's main campus.

Highlights

Market Leading Provider of Advanced Radiation Therapy | Corporate Medical Credit - 21st Century Oncology reported $1 billion in revenue…

Property Description

Fort Myers is the county seat and the commercial center of Lee County in Florida. It serves as a gateway to Southwest Florida, a region along the south east gulf coast bounded by Tampa Bay, Lake Okeechobee and the Everglades. The population of Fort Myers as of the 2010 census was 62,298, representing a 29.2% increase since 2000 and continuing a trend of growth every decade since record keeping began in 1890.