Optum (Unitedhealth Group)
Red Bug Lake Road & Goldeneye Pt.
Oviedo (Orlando MSA), FL
- Cap Rate:
- Rentable SQFT:
- 9,830 SF
- Year Built:
- Lot Size:
- 1.866 +/- Acres
- Lease Type:
- Modified NNN
- Under Contract
- 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
- Relocation of High-Performing Facility Nearby, Primary Care Prototype with Four Providers
- Brand New High-Quality Construction, Minimal Landlord Responsibilities
- Significant Money Invested by Tenant on Buildout Demonstrating Strong Commitment
- Serving Over 217,000 Residents in Growing Orlando Suburb, 15 Miles Northeast of Downtown Orlando
- Average Household Income Exceeds $132,000 within 1 Mile and $122,000 within 3 Miles
- Strategic Location, 1.5 Miles to Award-Winning Oviedo Medical Center
- Nearby Major Medical Growth Including New AdventHealth ER
- Hard Corner Location, Highly Visible to Over 39,000 Cars/Day Along a Major Artery
- Minutes to Oviedo Mall, Undergoing $100 Million Mixed-Use Redevelopment
- Close Proximity to the University of Central Florida with Over 70,400 Students and 12,500 Employees, 2nd Largest University in the U.S.
- Surrounded by Several K-12 Schools with More Than 16,000 Students
- Strong Daytime Population, Over 67,000 Employees in the Immediate Trade Area
- Proximate to Leading Employment Submarkets in Orlando, Maitland, Lake Mary, and the Central Florida Research Park
- No State Income Tax, Florida is the Highest Net Domestic Migration/Growth State in the U.S.
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