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Medical Office Sublease Suite
For Lease
$91,944 SF/Yr

120-21 Hospital Dr, Palm Coast, FL 32164

Approximately 2,500 SF medical office sublease available for immediate occupancy next to Advent Hospital Flagler.

Property Size2,500 SF
Days on Market750

Property Features for 120-21 Hospital Dr

General Information

Standard status Active
Size 2,500 SF
Listing Agency: OCEAN CITY REALTY LLC
Listed By: Lisa Smith · License #3242851
Source: Exprealty
Added: Jul 15, 2024 Changed: Jul 21 Last Checked: Jul 31 at 3:20PM

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 OCEAN CITY REALTY LLC

Investment Insights

Based on property information with market context.

Medical office space available as a sublease for immediate occupancy, with approximately 2,500 SF of leased area. The monthly amount is stated to include rent and CAM. Sublease approval is required by the building owner, and the building does not allow duplicate practice types, with an exception for general or family practice. A floor plan for the lease space is attached to the listing.

The location is next door to Advent Hospital Flagler, providing convenient proximity to a major healthcare facility.

Prospective subtenants should review the attached floor plan and confirm practice type eligibility, since the building owner approval and duplicate practice-type restrictions apply.

Key Highlights

  • Approximately 2,500 SF medical office sublease available for immediate occupancy
  • Located next door to Advent Hospital Flagler
  • Monthly amount includes rent and CAM

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Storage Facility Locksmith Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$13,791.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Palm Coast, FL

$23.56 /SF/Yr
Avg Asking Price
$1.33–$42.02 /SF/Yr
Price Range
14,457 SF
Avg Space Size

This space is priced 390127% above the average of $23.56 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Approximately 2,500 SF medical office sublease available for immediate occupancy next to Advent Hospital Flagler.
Where is this medical office space located?
The property is located at 120-21 Hospital Dr Palm Coast, FL.
What is the lease rate?
The lease rate is $91,944.
What are key features of this property?
This property features: Approximately 2,500 SF medical office sublease available for immediate occupancy; Located next door to Advent Hospital Flagler; Monthly amount includes rent and CAM
More about this property
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