RAD Portfolio OM

PROPERTY DESCRIPTION The subject property is located approximately one mile from Orlando Health’s South Seminole Hospital. The building is extremely visible from the heavily-trafficked SR 434, a four-lane roadwaywith a center turn lane. The 2-story, elevator-served building has an attractive Mediterranean style architecture, and is occupied by Physician Associates Ob/Gyn, Primary Care, and Pediatrics.

E.E. Williamson Road

4

R o n a l d R e a g a n B oulevard

Rangeline Road

Lake Evergreen Professional Building 550 East State Road 434 Longwood, Florida 32750

LEASE INFORMATION Tenant

Orlando Health, Inc.

Rentable Square Feet

11,550 SF

Lease Commencement

June 1, 2017

Lease Expiration

May 31, 2024

Base Rental Rate

$19.00

Next Rental Increase Date June 1, 2018

Rental Increase Amount

2.5%

Lease Type

NNN

Outstanding TI Allowance TBD*

Renewal Options

Three 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

32-20-30-510-080F-0000

2016 Tax Amount

$34,218.18*

Jurisdiction

City of Longwood

*Does NOT include Non Ad Valorem Assessments

Property Information | Cushman & Wakefield | 35