Outpatient imaging centers from one of the largest imaging providers in the U.S., and what to check on the lease, from a NNN buyer’s broker with 225+ transactions.
A SimonMed Imaging NNN property is an outpatient imaging center offering MRI, CT, ultrasound, mammography and x-ray, leased to SimonMed on a NNN lease, often about 10 to 15 years with 10% rent increases every 5 years. Headquartered in Scottsdale, Arizona, SimonMed operates about 170 centers in 11 states, including about 35 in Florida, and has performed more than 40 million scans.
Imaging is needs-based and internet-resistant, and the costly equipment and shielding inside each center encourage tenants to stay. But SimonMed is a private, private equity backed company with no public credit rating, so the guarantee and the real estate matter. Solid Investments FL has closed a corporate SimonMed deal, and our buyer representation is always free to you.
| Tenant | SimonMed corporate or an affiliated entity; confirm the tenant and guarantor on each lease |
|---|---|
| Ownership | Private; partnered with private equity firm American Securities in 2021; headquartered in Scottsdale, Arizona |
| Credit rating | Not publicly rated |
| Centers | About 170 outpatient imaging centers in 11 states |
| Services | MRI, CT, PET, ultrasound, mammography, x-ray and whole-body screening |
| Lease type | Often absolute NNN; confirm expense terms in each lease |
| Lease term | New leases often 10–15 years with renewal options |
| Rent increases | Commonly 10% every 5 years |
| Typical cap rate (2026) | About 6%–7.25%, depending on the guarantee, term and location |
| Typical price range | About $3M–$8M |
Center counts from industry reporting (2025–2026). Cap rates and pricing reflect current market conditions and vary by deal.
Confirm whether the tenant is the SimonMed corporate entity or a local affiliate, and review any guarantee.
SimonMed is private equity backed and unrated. Ask what financial reporting the lease requires and price the deal accordingly.
MRI and CT rooms are expensive to build and move, which encourages renewals. Ask what the tenant invested in the buildout.
If SimonMed left, could the building serve other medical or retail users? Heavy shielding and layout can help or hurt.
Check the remaining term, renewal options and the rent increase schedule.
Favor visible sites near hospitals, physician offices and growing neighborhoods, where referrals come from.
We’ve represented a buyer on a brand new corporate SimonMed Imaging center just south of downtown Orlando:
Medical Office
Solid Investments FL is a Florida NNN buyer's brokerage headquartered in Lakewood Ranch (Sarasota), serving investors across Florida and nationwide, with 21+ years in net lease and 225+ transactions, including a corporate SimonMed Imaging center in Orlando. Our buyer representation is free.
As of 2026, SimonMed Imaging NNN properties generally trade around 6% to 7.25% cap rates, depending on the guarantee, remaining term, rent increases and location.
SimonMed is one of the largest outpatient imaging providers in the U.S., with about 170 centers in 11 states. It is headquartered in Scottsdale, Arizona and partnered with private equity firm American Securities in 2021.
No public credit rating. SimonMed is a private, private equity backed company, so confirm which entity signs or guarantees the lease.
New SimonMed leases are often about 10 to 15 years, commonly NNN with 10% rent increases every 5 years. Confirm the terms in each lease.
SimonMed NNN properties typically sell for about $3 million to $8 million, depending on building size, rent, location and lease terms.
For many buyers, yes. Outpatient imaging is needs-based and internet-resistant, and the costly equipment encourages tenants to stay. The key is underwriting the guarantee and the real estate.
General information only, not investment, tax or legal advice. Credit ratings and market data change; verify current figures before investing.
We’ll help you confirm the tenant, the lease and the site. Tell us your budget and timeline; our buyer representation is completely free.
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