Matthews™ is pleased to offer qualified investors the opportunity to acquire Town Center, a multi-tenant medical and professional office property located at 1071 Port Malabar Blvd NE in Palm Bay, Florida. The 18,000 square foot asset sits on 1.78 acres and serves a diverse mix of healthcare, therapy, and professional tenants, offering investors both stable in-place income and meaningful value-add potential through lease-up and rental growth. Town Center features staggered lease expirations, below-market rents, and current vacancy, presenting an opportunity for investors to enhance cash flow through leasing activity and renewal negotiations. With NNN lease structures, flexible unit configurations, and a growing Brevard County population, the property is well positioned to capitalize on continued demand for outpatient medical and professional office space in the Palm Bay submarket. The property is strategically positioned along Port Malabar Boulevard, one of Palm Bay’s primary east–west commercial corridors, providing direct connectivity to I-95 and U.S. Route 1. The surrounding area is home to a dense concentration of medical users, professional services, and residential neighborhoods, supporting consistent tenant demand and long-term occupancy. The site benefits from strong visibility, ample surface parking, and proximity to Health First facilities and other regional healthcare providers. Offered at $2,338,242 ($129.90 PSF), the asset delivers immediate, diversified cash flow with a compelling value-add component — current 33% vacancy and below-market rents present a clear path to an approximately 9.00% pro-forma cap rate upon stabilization. With NNN lease structures providing expense protection, staggered expirations offering near-term mark-to-market opportunities, and a growing Brevard County population driving sustained demand for outpatient medical and professional office space, Town Center represents an opportunity to acquire a well-located Palm Bay asset with durable in-place income and meaningful upside through lease-up and rental growth. Kyle Matthews Matthews Real Estate Investment Services, Inc BK3554632, CQ1066435 (FL) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550