Rethink Healthcare Real Estate Acquires Hospital In Mount Dora For $16.2M With Newmark Brokers

The sale involved a hospital asset located at 17021 US-441, Mount Dora, FL, with a total square footage of 11,097. The transaction was completed for a sale price of $16,200,000, resulting in a price per square foot of $1,460. This facility serves as the UF Health / Intuitive Health Emergency Department and Urgent Care Center and is leased by UF Health Leesburg Hospital.

Summary of transaction details:

• Property Type: Hospital
• Transaction Amount: $16,200,000
• Address: 17021 US-441
• Market: Mount Dora, FL
• Square Footage: 11,097
• Price per Square Foot: $1,460
• Buyer: Rethink Healthcare Real Estate
• Brokers: Justin Shepherd, Jay Miele, Ben Appel, John Nero, Ron Ott, Michael (Mike) Greeley, Conor Hilton, Drew Martin, Samer Khalil, Karick Brown & Caroline Hoffman - Newmark

The brokerage team from Newmark played a significant role in this transaction, facilitating the sale of the hospital asset. Each broker contributed to the successful acquisition by Rethink Healthcare Real Estate, ensuring a seamless process throughout the negotiation and closing of the deal.