Friendly Capital purchased a 2.55 acre tract of land located in Winter Garden, FL that is referred to as Lot 2 of the West Orange Professional Center.
The site is approximately one mile from the brand new Florida Hospital that recently opened in the nearby Winter Garden Village at Fowler Groves shopping area.
Friendly Capital designed and received all site plan approvals from the City of Winter Garden. With a medical-use anchor tenant in place, the first phase of development entails finishing ½ of the entire site, which includes installing all utilities, fire systems, sewer, water, paving, sidewalks and landscaping. The result is two medical building pad sites that will accommodate the development of 8,000 +/- SF buildings under roof. Upon receiving additional interest from other medical professionals as the hospital opens, Friendly Capital will construct the second phase.
Winter Garden is a city located 14 miles west of downtown Orlando in western Orange County, FL. It ranks 7th among fastest growing cities in Florida (a population between 10,000 and 50,000), with a growth rate of 11.2 from 2010 to 2014 according to estimates from the Bureau of Economic and Business Research. Rankings 1-4 are in Miami and Ft. Lauderdale MSA’s, and Orlando MSA is represented in Rankings 5-7. Our site is ideally located with a 2-mile access to the Florida Turnpike, Florida State Road 429 (Western Beltway) and Winter Garden Village at Fowler Groves (an extensive outdoor shopping area with multiple large anchor retail and restaurant tenants- www.wintergardenvillage.com.
This 8,350 under roof square foot facility was completed in June 2016 and houses a Prescribed Pediatric Extended Care (PPEC) nursing and therapy center in 6,727 SF. An additional 1,623 SF is available for lease at currently $21 psf NNN.