Robson Eye Institute

601 S. Belcher Road | Clearwater, Florida 33764

Contact Brokers

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James Garner, CCIM
First Vice President Investments​James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

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Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com
(O) 813-387-4788
FL #SL3216834

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Reid Thedford
Investment Advisor
Reid.Thedford@MarcusMillichap.com
(O) 813-387-4726
FL #SL3442474

Highlights

  • Strong Lease Guarantee: Robson Eye Institute, LLC with Additional Personal Guarantee

  • New 10-Year Lease with 8.5 Years Remaining on Base Term

  • Essential Business | Pandemic Resistant

  • Minimal Landlord Responsibility Limited Only to Roof and Structure

  • Low Rent Per Square Foot - Very Replaceable Current Rate of $19.10 PSF

  • Business Model Caters Perfectly to Demographic: Over 54% of the population within 5 miles is over the age of 45 with the Median Age at 48.8 Years.

Description

Marcus & Millichap is pleased to present Robson Eye Institute, a rare opportunity for an investor to purchase in the highly coveted market of Clearwater, FL. This new 10-year NN lease and has 8.5 years remaining. It is backed by a strong lease guarantee: Robson Eye Institute, LLC with an additional personal guarantee. The subject property is surrounded by a population of 260,000 within and household income of over $70,000 within a 5 mile-radius. The business model for Robson Eye Institute caters perfectly to the surrounding demographic as well. Over 54% of the population within 5 miles is over the age of 45 with the median age at 48.8 years. This ensures future appreciation and stability of the location.