"CREATING VALUE IN COMMERCIAL REAL ESTATE"

Santa Rosa Medical Center

Milton, FL 32570
Medical Office

DESCRIPTION

Santa Rosa Medical was acquired from the original Developer in March 2024.  The facility is located at 5804 Dogwood Drive in Milton, Florida, a northern suburb of Pensacola.  The building was completed in 2023 and is 7,500 square feet on a 1.26 acre outparcel of a Publix anchored center.  Santa Rosa Medical Center or SRMC is a 129-bed general hospital and is the primary provider of hospital-based healthcare services and emergency medicine in Santa Rosa County, Florida and is a wholly owned subsidiary of Community Health Systems (NYSE: CYH).  This facility is a occupied by Santa Rosa Medical Group a medical practice with seven (7) locations with a variety of medical specialties including Bariatric weight loss, Cardiology, Family Medicine, Interventional cardiology, General surgery, Neurology, OB-GYN, Orthopedics, Pulmonary, Sleep medicine, Urology and Walk-in care.  This clinic serves the northern corridor of the county and has seen a tremendous amount of residential growth.  The lease was originally for ten (10) years and has Two and half (2.5) percent annual increases.  Primehealth Properties Trust acquired the building for $5M.

Longleaf Realty Partners provides the property management services for the facility.

PROPERTY LOCATION

5804 Dogwood Drive, Milton, FL 32570

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