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    390 Challenger Rd Cape Canaveral, FL 32920

    Sponsored
    For Lease
    $38 SF/Yr

    9,621 SF Class A Medical Office Space

    Lot size:
    9,621 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,621-square-foot Class A medical office building, constructed in 2017, presents a unique single-tenant opportunity in Cape Canaveral, Florida. Located at 390 Challenger Rd, 32920, this property boasts a prime location offering high visibility and strategic access for serving the local community, cruise passengers, and Port Canaveral support staff. The building is fully equipped and ready for immediate occupancy, featuring twelve examination rooms, private offices, a break room, testing and lab facilities, X-ray capabilities, procedure rooms, an isolation room, an audiometry room, and a spacious waiting/reception area. The layout is well-suited for a variety of healthcare uses, including occupational health, primary care, physical therapy, walk-in clinic services, and diagnostic services. The building offers both front and rear entrances for convenient access. This is a gross lease arrangement, with the tenant responsible for electricity, water, and sales tax. The property's modern design and comprehensive amenities make it an ideal location for establishing or expanding a healthcare practice. The building's single-tenant occupancy ensures a streamlined and efficient operational environment. This is a rare opportunity to acquire a fully equipped, high-quality medical office building in a thriving coastal location.

    Property Features for 390 Challenger Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,621 SF
    Class
    A
    Total Rate
    30466.5

    Building Details

    Year Built
    2017
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $38

    HighLights

    • 9,621 SF Class A medical office building, built in 2017, in Cape Canaveral, FL.
    • Located at 390 Challenger Rd, 32920, offering high visibility and convenient access.
    • Fully equipped with 12 exam rooms, offices, lab, X‑ray, and ample support space.
    • Suitable for various healthcare uses, including primary care and diagnostic services.
    • Gross lease; tenant responsible for utilities and sales tax.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Canaveral
    County
    Brevard
    State
    Florida
    Longitude
    -80.610554
    Latitude
    28.4046469

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    FAQs

    What type of property is this?
    Medical office - 9,621 SF Class A Medical Office Space
    Where is this medical office located?
    The property is located at 390 Challenger Rd Cape Canaveral, FL.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: 9,621 SF Class A medical office building, built in 2017, in Cape Canaveral, FL.; Located at 390 Challenger Rd, 32920, offering high visibility and convenient access.; Fully equipped with 12 exam rooms, offices, lab, X-ray, and ample support space.
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    390 Challenger Rd Cape Canaveral, FL 32920
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    Cape Canaveral, FL 32920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 Challenger Rd Cape Canaveral, FL 32920
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