Akumin

Riverview
FL
Florida
Tampa-St. Petersburg

Call for Details

$

1,592,000

Call for Details
4.75
%
CAP Rate

Below Market Rent & Future Upside

210 Locations Across 21 States

Akumin Serves ~1,000 Hospitals and Health Systems Across 47 States

Rapidly Growing Hillsborough County

Tampa Bay Submarket Location with 75% Population Growth Since 2000

Property details
  1. Single Tenant Medical Office with Below Market Rent and Future Upside
    • Scheduled 5% Rental Escalations at Each Option
    • Minimal Landlord Responsibilities
  2. Below-Market Rent at $17.89/SF, Compared to the Area's Market Rent of $25-$37/SF
    • Akumin, Inc. is a Leading Provider of Outpatient Radiology and Oncology Services
    • 210 Locations Across 21 States
    • Serves Approximately 1,000 Hospitals and Health Systems Across 47 States
    • $25 Million Acquisition of 11 Centers from Rose Radiology Centers in 2018
    • Approximately $749.63 Million in Total Revenue in 2022
  3. Located in Rapidly Growing Hillsborough County Surrounded by Substantial Residential Development and Top Ranked Hospitals
    • Hillsborough County GDP of $109.74 Billion as of 2022, 10.6% Increase from Previous Year
  4. Riverview Ranked in "100 Best Small Cities to Live In" in the U.S. by CNN Money
    • Dynamic Tampa Bay Submarket with 75% Population Growth Since 2000
  5. Located Minutes from Tampa
    • One of the Fastest Growing Cities in the U.S.
    • 3rd Largest City in Florida
    • Tampa MSA GDP of $219.4 Billion -17th Among U.S. Metro Areas
  6. Tampa Bay Rays Recently Secured $1.8 Billion to Build New 30,000 Seat Stadium, Replacing Tropicana Field
  7. Excellent Access and Visibility Along US-301
    • 59,500 AADT
  8. Population of217,619 within 5 Miles
  9. Average Household Income of $105,011 within a 5 Mile Radius
  10. No State Income Tax in Florida
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
FL RE Lic #BK3457599
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
4,225
SF
Lot Size
0.4936
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
FL RE Lic #BK3457599