Medical Offices /FL /Brevard County /Palm Bay /1264 Malabar Rd SE
Medical Offices /FL /Brevard County /Palm Bay /1264 Malabar Rd SE

1264 Malabar Rd SE - Medical FOR SALE


Palm Bay, FL 32907 | 
$1,290,000 USD
321-631-0511
1264 Malabar Rd SE, Palm Bay, FL for Sale
$1,290,000 USD
Medical - FOR SALE
1/18
null | 5.81% Cap Rate
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1264 Malabar Rd SE
Palm Bay, FL 32907

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OVERVIEW

Investment opportunity: Established medical office building with a stable hospital tenant since 2019. NNN lease in place until 2027, with two additional 1-year options. Generates $75,000 annual gross income.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

CC

APN/PARCEL ID

29-37-04-00-00010.0-0000.00

ASK ABOUT THIS PROPERTY

Nicholas RahalRahal Real Estate, LLCMore Info
321-631-0511

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Nicholas RahalRahal Real Estate, LLCMore Info
321-631-0511

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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