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Well located medical office building in the heart of The Villages. Sumter Landing Professional Plaza is located directly to the south of Lake Sumter Landing, the 2nd Town Square developed by The Villages. Golf cart access and plenty of parking. The building totals 11, 798 SF (heated/cooled) plus 1, 105 SF of covered porches. The space available is a max of 8, 838 SF , which is comprised of 7, 000 SF on the first floor and 1, 838 SF on the 2nd floor (accessible by stairs and an elevator). For 20 years the space has worked well for an orthopedic practice and chiropractic practice who shared an MRI room, X-ray room, and Break room along with the shared lobby for patients.
The space is ideal for a multi-practice, or multi-specialty, medical group offering a variety of medical services under 1 roof with administrative support on the 2nd floor. The 1st floor space of 7, 000 SF can also be divided into 2 units of approximately 3, 500 SF with a shared lobby/waiting area.
A Chiropractic practice (and partner in building) occupies approximately 1/2 of the 7, 000 SF space. Space has a reception desk, private waiting area, 6 semi-private therapy rooms, 4 private exam rooms, and 2 doctors offices with a shared bathroom between the two offices. They will vacate the space upon being leased.
The remaining empty space on the 1st floor of approximately 3, 500 SF was occupied by an Orthopedic practice. It has a reception desk, private waiting area, 11 exam rooms, RN station, 3 bathrooms (1 is handicap), break room, and 3 small doctors offices. The 2nd floor space (1, 838 SF) has an open work area, private office, bathroom, and large storage area, plus a 195 SF covered porch.
Property is also listed For Sale at $5. 3 million and is in MLS.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $240,394 | $240,394 | $240,394 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $2,239 | $2,239 | $2,239 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,440 | $1,518 | $1,996 |
| Total Monthly Payment | $3,754 | $3,832 | $4,310 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.