Caractéristiques de l'actif

Site Area

1.18 Acres

Occupation

69 %

Nombre d'unités

WALT

2.47 années

Places de parking

Description

The JLL Private Capital Group is pleased to offer for sale 348 Muskoka Road 3 North (the “Property” or “Site”), a 17,266 square foot ("sf") medical office building in Huntsville, one of the largest and most established townships in the Muskoka region. The Property offers essential medical functions that support both Huntsville District Memorial Hospital - the region's primary healthcare facility - and the future Bob Hutcheson Hospital. Current tenants include specialized medical practices in pharmacology, dental care, and cardiology that provide vital services to complement the area's growing healthcare infrastructure.

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Points clés d'investissement

Demographic Drivers

The Muskoka region's aging permanent resident base has created expanded demand for specialized medical services, while substantial seasonal population influx generates additional healthcare utilization throughout peak months.

Limited Supply

Purpose-built medical facilities remain limited throughout the region, positioning this asset as a scarce commodity in an underserved market.

New Hospital Development

The planned Bob Hutcheson Hospital development adjacent to the existing hospital will create new opportunities for complementary medical services.

Stable Tenant Base

Medical tenants provide exceptional lease stability with long-term occupancy commitments and significantly lower turnover.

Value-Add Potential

Opportunity to unlock significant value through strategic lease-up of existing vacancies.