RAD Portfolio OM

PROPERTY DESCRIPTION 9964 University Blvd is situated just off the 417, a heavily traveled beltway surrounding the Orlando area. The two- story, elevator-served, Mediterranean style building enjoys excellent visibility and access. Located on a signalized intersection next to a Walgreens, the building shares a parking lot with this national pharmacy, providing a high level of convenience for patients. The building also provides convenience for the physicians, as they have a separate entrance and parking area in the back of the building, allowing quick ingress and egress for the busy practice.

D e a n R o a d

U ni v er s it y B o u le v ar d

University Professional Building 9964 University Boulevard Orlando, FL 32817

LEASE INFORMATION Tenant

Orlando Health, Inc.

Rentable Square Feet

15,000 SF

Lease Commencement

November 1, 2017

Lease Expiration

October 31, 2024

Base Rental Rate

$20.00

Next Rental Increase Date November 1, 2018

Rental Increase Amount

3%

Lease Type

NNN

Outstanding TI Allowance $150,000*

Renewal Options

Four 5-year renewal options at FMV

Typical expenses passed through to the tenant. Landlord responsible for structural or major repairs exceeding $2,500.

Operating Expenses

*Outstanding TI will be credited to buyer at close of escrow

REAL ESTATE TAXES

Parcel ID Number

07-22-31-8790-00-010

2016 Tax Amount

$46,623.77

Jurisdiction

Orange County

Property Information | Cushman & Wakefield | 17