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Renovated Medical Office Space
For Lease
$2,006/Mo

5200 Babcock Street NE 104, Palm Bay, FL 32905

The multi-tenant professional complex includes elevator service and multiple building entrances.

Space SizeContact for details
Property Size64,708 SF
Days on Market250

Property Features for 5200 Babcock Street NE 104

General Information

Standard status Active
Size 64,708 SF
Elevators Yes
Property subtype Office

Space & Availability

Space Use Office
Condition Second Generation

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $73,828

Amenities

multiple entrances
lush landscape

Building Details

Building Size 64,708 SF
Year Built 1986
Tenancy Multi
Listing Agency: Charles A. Von Stein, Inc
Listed By: Kirk Von Stein
Source: Inthehomezonerealty
Added: Feb 20 Changed: Oct 26 Last Checked: Oct 26 at 3:06PM

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 Charles A. Von Stein, Inc

Rey
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Investment Insights

Based on property information with market context.

Medical office space is offered within a 64,708-square-foot, multi-tenant professional complex built in 1986. The property has an elevator, multiple entrances, landscaped grounds, and a renovated interior with a professional finish.

The complex is in central Palm Bay, two miles from Palm Bay Hospital and two miles from I-95.

Key Highlights

  • 64,708‑square‑foot multi‑tenant professional and medical complex
  • Renovated interior with a professional finish
  • Elevator and multiple building entrances

Property Analytics

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Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Kitchen & Bath Showroom Hair Salon Electrical Service

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32905, FL

26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - The multi-tenant professional complex includes elevator service and multiple building entrances.
Where is this medical office space located?
The property is located at 5200 Babcock Street NE 104 Palm Bay, FL.
What is the lease rate?
The lease rate is $2,006/Mo.
What are key features of this property?
This property features: 64,708‑square‑foot multi‑tenant professional and medical complex; Renovated interior with a professional finish; Elevator and multiple building entrances
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