Optum (Unitedhealth Group)
Single-Tenant Offerings
Optum (Unitedhealth Group)
825 West Linebaugh Ave.
Tampa, FL
- Price:
- $4,856,000
- Cap Rate:
- 5.15%
- NOI:
- $250,069
- Rentable SQFT:
- 7,539 SF
- Year Built:
- 2023
- Lot Size:
- 3.88 +/- Acres
- Lease Type:
- Modified NNN
- Status:
- Available
Investment Highlights
- New 10-Year Modified NNN Lease, 10% Rental Increases Every 5 Years
- Guaranteed by UnitedHealth (NYSE: UNH), Rated A+ by S&P and Ranked 5th on Fortune 500
- Brand New High-Quality Construction, Minimal Landlord Responsibilities
- Relocation of High-Performing Facility Nearby, Primary Care Prototype with Three Providers
- Serving Over 336,000 Residents in Growing Tampa Suburb
- Hard Corner Location at Signalized Intersection with 28,000 Cars/Day
- Just Off I-275 with 100,000 Cars/Day, Direct Access to Downtown Tampa
- 2.5 Miles to Rithm Uptown, a $1 Billion Multi-Story Mixed-Use Office, Urban Neighborhood Development with One of the World’s Largest Innovation Campuses that Includes 7+ Million SF and Several Thousand Residential Units
- Strategic Location, Close Proximity to AdventHealth Medical Campus, James Haley VA Hospital, and Moffit Cancer Center, Collectively Undergoing an $800 Million Expansion
- 3 Miles to the University of South Florida with Over 51,600 Students and 16,300 Employees
- Surrounded by Several K-12 Schools with Approximately 17,000 Students
- Strong Daytime Population, Over 156,000 Employees in Primary Trade Area
- Minutes to Busch Gardens Theme Park (4 Million Visitors/Year) and Adventure Island Water Park (670,000 Visitors/Year)
- 7 Miles North of Downtown Tampa, Hosts 24.5 Million Visitors Annually
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