Project Description

BARTOW MEDICAL

2020 Flamingo Drive, Bartow, FL 33830

BACKGROUND

In 2019, our Office Management and Leasing Team was contacted by a national brokerage firm that deals only in sales, who had a client and first-time landlord, who had just bought a 6,381 SF medical office building in Bartow Florida The client shared that he had just found out the regional medical tenant was not renewing their lease and was concerned his building would be vacant within the first few months of his ownership.

Additionally, we learned that the current tenant was paying below market rent and had not been taking proper care of the property or its upkeep.

SUCCESS POINTS

  • FCPG’s Leasing Team filled the entire 6,381 SF building with a strong medical tenant before the current tenant stopped paying rent. FCPG leasing was able to secure a 10-year lease with a strong market rate and significant annual increases to give the landlord piece of mind knowing his new asset would perform for years to come.
  • FCPG’s Property Management team was able to provide exceptional advice to the landlord to update the building façade with new paint and landscaping that increased curb appeal which helped get the property leased.

MORAL OF THE STORY

Stewardship Matters! It is our mission to think and act as if it was OUR building and OUR money on the line. Our team prices our services reasonably, communicates regularly, and focuses on each assignment until its done. Our agents complete as many deals as the “national brand” but rather than just have a huge portfolio of listings and waiting for the phone to ring, we narrow our focus and execute quickly until the mission is accomplished, just like a building owner would.