Renovated Medical Office
For Sale
$3,798,000
1-20 Cypress Point Parkway, Palm Coast, FL 32164
Occupied by Humana’s Conviva Care Center under an NNN lease with annual rent escalations.
Property Size7,536 SF
Price / SF$503.98
Days on Market19
Property Features for 1-20 Cypress Point Parkway
General Information
Standard status
Active
Size
7,536 SF
Occupancy
100%
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$30,424
Building Details
Year Renovated
2024
Tenancy
Single
Listing Agency:
SVN Alliance Commercial Real Estate Advisors
(386) 801-7435
Listed By:
Carl Lentz · License #3068067
(386) 801-7435
Source:
Exprealty
Added: Aug 11
Changed: Aug 29
Last Checked: Aug 29 at 4:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 7,536 SF medical office property is leased to Humana’s Conviva Care Center. A comprehensive 2024 renovation replaced the metal roof, plumbing, electrical, HVAC, and sprinkler systems, while tenant improvements were estimated at more than $400/SF.
The property is positioned at the southwest quadrant of I-95 and Palm Coast Parkway in Palm Coast, Florida. The NNN lease includes 2% annual rent increases during the initial term, renewal options, and third-party professional management. Conviva Care Center primarily serves patients aged 55 and older, providing an established healthcare use within the facility.
The property is positioned at the southwest quadrant of I-95 and Palm Coast Parkway in Palm Coast, Florida. The NNN lease includes 2% annual rent increases during the initial term, renewal options, and third-party professional management. Conviva Care Center primarily serves patients aged 55 and older, providing an established healthcare use within the facility.
Key Highlights
- 7,536 SF medical office leased to Humana’s Conviva Care Center
- Complete 2024 renovation included metal roof, plumbing, electrical, HVAC, and sprinkler systems
- Tenant improvements estimated at more than $400/SF
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32164, FL
49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Safe Haven Veterinary Hospital — 30 Lupi Ct, Palm Coast, FL 32137
- Dr. Lee B Stuart , DVM — 30 Lupi Ct #109, Palm Coast, FL 32137
Frequently Asked Questions
What type of property is this?
Medical Office Space - Occupied by Humana’s Conviva Care Center under an NNN lease with annual rent escalations.
Where is this medical office space located?
The property is located at 1-20 Cypress Point Parkway Palm Coast, FL.
What is the asking price?
The asking price for this property is $3,798,000.
What are key features of this property?
This property features: 7,536 SF medical office leased to Humana’s Conviva Care Center; Complete 2024 renovation included metal roof, plumbing, electrical, HVAC, and sprinkler systems; Tenant improvements estimated at more than $400/SF
