Ample Land and Accessibility. The approximately 1.90-acre parcel features a 9,995-square-foot medical facility with ample on-site parking, offering an attractive parking ratio of approximately 9.1 spaces per 1,000 square feet of building area with 90 total parking spaces.
Strong Exposure and Visibility. The property benefits from prominent frontage along E. Burleigh Boulevard, which connects to U.S. Highway 441 / State Road 500, providing convenient access throughout Central Florida and surrounding counties, while offering strong visibility and exposure to approximately 52,000 vehicles per day.
Seller-Funded Investment. The approximately $1.75 million VA improvement program includes tenant improvements and building-specific capital; a new roof is among the reported planned improvements. The program creates an opportunity to acquire an upgraded facility limiting near term capital expense.
Predictable Income with Step-Up. The VA lease provides a stable and predictable income stream, with annual contractual rent of $542,428.65 during Years 1–5, consisting of $378,810.50 in shell rent and $163,618.15 in operating-cost rent. The lease also features a scheduled increase to $599,000 in Year 6, providing meaningful contractual rent growth and additional income over the remaining lease term.
Federal Government Credit. The lease is backed directly by the United States of America through the Department of Veterans Affairs, providing investors with the strength and stability of a federal government tenant. This direct government obligation enhances the predictability of rental income and provides a high degree of confidence in the long-term security of the investment.
Long-Term Location Commitment. Following nearly a decade of established operations at the property, the VA has committed to an additional 10-year firm lease extending through January 2036. This long-term renewal reflects the VA’s continued commitment to the location, reinforces the facility’s importance to its healthcare network, and demonstrates the success and stability of its established operations.
Essential Outpatient Healthcare. The Tavares location forms part of the VA’s outpatient network in Central Florida. Its role is consistent with the VA’s broader strategy of providing accessible community-based services to eligible veterans.
Expanding Medical Corridor. The property is strategically located directly across from AdventHealth Waterman, an established regional hospital that anchors the surrounding medical area. With additional development anticipated in the vicinity, the location is positioned to benefit from the continued expansion of healthcare services and supporting commercial activity, further strengthening its long-term investment appeal.
Established Veteran and Senior Demand. Lake County is home to more than 32,500 veterans and a growing senior population, with approximately 28% of county residents and 36% of Tavares residents aged 65 or older. These favorable demographics support sustained demand for accessible healthcare services and reinforce the VA’s long-term presence in the market.

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Tavares VA Clinic

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Kyle Matthews