For Sale
$3,153,000 | 6.50% Cap
1651 N Semoran Blvd, Orlando, FL 32807
New OM Download
Broker of Record: Jeremy Halback | Bridgeline Real Estate LLC | FL License #: BK3646225
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 7,366 Square Feet |
5.5+ Years | $204,941 |
Investment Highlights
Built-In Annual Rent Growth
The lease features 3.00% annual rent escalations, providing compounding increases in cash flow throughout the lease term.
Triple Net (NNN) Lease Structure
The subject property is leased on a triple net (NNN) basis, providing for a passive ownership structure with limited landlord responsibilities.
Nation's Largest Pediatric Platform
Pediatric Associates is recognized by Moody’s as the largest pediatric practice management company in the United States, reinforcing the tenant’s strong market position and operational scale.
Non-Income Tax State
Serving as a major benefit to the landlord, as of 2024, nine states: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming — levy no state income tax.
Credit-Rated, Institutionally-Sponsored Tenant
Pediatric Associates carries a B2 Stable corporate family credit rating from Moody’s, with a corroborating ‘B’ issue rating from S&P (May 2026), and is backed by institutional sponsorship led by TPG ($306 billion AUM).
Strategic Florida Sun Belt Presence
With 171,000+ residents in a 3-mile radius, the subject property benefits from its position within the Greater Orlando MSA, an area driven by strong population growth, favorable demographic trends, and increasing demand for pediatric healthcare services.
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 7,366 Square Feet |
5.5+ Years | $204,941 |
Overview
Peranich Huffman Net Lease Group is pleased to exclusively present 1651 N Semoran Blvd, Orlando, FL 32807, a single tenant medical asset, 100% occupied by Pediatric Associates, one of the nation’s leading pediatric healthcare platforms. The property is positioned along the Semoran Boulevard (State Road 436) corridor in East Orlando, a densely populated commercial thoroughfare serving the surrounding suburban communities. The location benefits from strong traffic counts (43,000 AADT), family-oriented demographics, and sustained healthcare demand within one of Florida’s fastest-growing markets.
Lease
The subject property is leased to Pediatric Associates under a triple net (NNN) lease structure that minimizes landlord responsibilities and provides passive income. With 5.5+ years of lease term remaining, the lease features 3.00% annual rent escalations, creating built-in contractual income growth and long-term compounding cash flow. Supported by an essential-service tenant with a proven operating history and market presence, the asset delivers defensive, recession-resistant income.
Tenant
Pediatric Associates is recognized by Moody’s as the largest pediatric practice management company in the United States and maintains a B2 Stable corporate family credit rating. Founded in 1955 and headquartered in Plantation, FL, the company operates an extensive pediatric healthcare platform spanning 200+ locations and 2,500+ employees across Florida and the broader Sun Belt market. Pediatric Associates delivers primary, specialty, behavioral, and urgent pediatric services, supported by institutional sponsorship, recurring patient demand, and long-standing community relationships.