460 Malabar Rd Palm Bay, FL 32907
This exceptional 12,000-square-foot Class A medical office building is available for $6,200,000. Located at 460 Malabar Rd SW, Palm Bay, FL 32907, this single-story, 2023-built facility is situated in a thriving medical park within Brevard County. The building is currently vacant and offers a turnkey opportunity for an owner-user or national medical group. The layout is meticulously designed to accommodate a wide range of medical practices, featuring 10 exam rooms, three dental chair areas with a dedicated dental lab, an optical exam room, an X-ray room with lead-lined walls, a spacious area suitable for community classes or physical therapy, a lab, a nurse's station, multiple offices, and ample restrooms. The building is a freestanding structure, part of a medical park that includes Fresenius Kidney Care, a physician therapy group, and a primary care practice. This prime location in southern Brevard County benefits from a rapidly growing retiree population, presenting a significant and desirable patient base. The property is offered as a NNN lease. This is a rare opportunity to acquire a brand-new, fully built-out medical office building in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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