Lee Memorial Hospital Inc. doing business as Lee Healthcare Resources sold the land for about $1.6 million, or about $688,362 per acre. The cost of the land and the building is expected to total approximately $4 million.

The land is located at the corner of the HealthPark campus, at Summerlin Road and Bass Road.

First National plans to build a two-story, 20,000-sf, class A building with a drive-through at this location. The building will house all financial services, from insurance to securities to banking services, Paul A. Sands of Grubb & Ellis VIP, who represented First National Bank of Florida in this transaction, tells GlobeSt.com.

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