National Spine & Pain Centers

Extensive Tenant Investment: The property is secured by a long term lease, demonstrating the tenant’s long-term commitment to the location following a multi-million-dollar investment into the facility
Absolute NNN Lease with Built-In Rent Growth: The property operates under an absolute NNN lease, providing passive ownership with the tenant responsible for maintenance, taxes, insurance, and major capital expenditures. Annual rental increases provide built-in income growth and a hedge against inflation.
High-Cost Medical Buildout: The property is purpose-built for a specialty ASC center with five operating. These facilities typically require significant medical buildout including procedure rooms, imaging infrastructure, and specialized equipment, making relocation costly and reinforcing tenant retention.
Strong Southwest Florida Population Growth: Fort Myers and the surrounding Lee County region continue to experience significant population growth driven by in-migration from across the country, supporting long-term demand for outpatient healthcare services.
Healthcare Demand from Aging Demographics: Southwest Florida has one of the highest concentrations of retirees in the United States. Older populations utilize orthopedic, spine, and pain management services at significantly higher rates, supporting strong long-term demand for the tenant’s services.

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