6.73% Cap Rate NNN Investment: Single-Tenant

3201 Budinger Avenue, St. Cloud, FL 34769

Property Information

  • For Sale $4,850,000
  • Property Type Office - Medical Office
  • Property Size 14,200 SF
  • Lot Size 73,181 SF
  • Cap Rate % 6.73
  • Zoning SPUD
  • # of Floors 1
  • Parking Spaces Avail. 71
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2010
  • Year Renovated 2024
  • Date Updated Feb 12, 2026

Description

6.73% Cap Rate NNN Investment: Single-Tenant NNN leased dual concept Early Childhood Education Facility and ABA Therapy, located in the high-growth Nolte Road corridor, 1 mile south of Orlando Health St. Cloud Hospital

Strategically positioned 1.5 miles from Florida’s Turnpike access, and surrounded by over 20,000 new housing units slated for development within a 4 mi. radius

Blue Heart Behavioral Services for Kids / Imagineers Academy occupies the entire building on a NNN lease and has 8.5 years of term left with one 9% followed by seven 3% annual increases

Recent capital improvements include: three new HVAC systems (2025), exterior fully re-painted (2024) and roof re-sealed (2024)

Landlord responsibilities: parking lot, foundation, plumbing and electrical not within the building, roof and exterior walls

Contacts

Dan Van Nada

First Capital Property Group

Ben Kuykendall

First Capital Property Group

Location

Located at 3201 Budinger Avenue, St. Cloud, FL 34769, this property is part of the Saint Cloud neighborhood and Orlando market.

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