Orlando Health Buys Medical Office Building From Walgreens

Walgreens_1200 Kuhl Ave 760x320

Orlando Health has purchased a two-story medical office building from pharmaceutical chain Walgreens for $4.1 million, according to a May 31 report from the Orlando Business Journal.

The building is located at 1200 Kuhl Ave next to Orlando Health’s newly opened $300 million orthopedic institute and ASC. The medical office and surgical facility opened March 27, while the hospital is set to open August 1.

Walgreens, which originally purchased the building for $3.85 million in 2007, will continue to lease the ground floor of the 10,194-square-foot building while Orlando Health will use the rest for office space.

This is the second medical office building Orlando Health has purchased in May, obtaining a nearby 18,616-square-foot building for $7.38 million earlier in the month.


Source:  Becker’s ASC Review