255 N Sykes Creek Pky - Medical FOR SALE


Merritt Island, FL 32953
$12,000,000 USD
321-723-4891
255 N Sykes Creek Pky, Merritt Island, FL for Sale
$12,000,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

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255 N Sykes Creek Pky
Merritt Island, FL 32953


OVERVIEW

Medical Office Opportunity Across from New Cape Canaveral Hospital – Merritt Island Outstanding opportunity to acquire an established, centrally located multi-tenant medical/professional office building in Merritt Island. The property is anchored by NSI Imaging, providing stability and long-term value. The entire second floor (approximately 18,000 SF) is available for build-to-suit medical office space and is currently under construction and being renovated specifically for medical use. The flexible layout allows for up to three medical suites ranging from approximately 1,881 to 9,794 square feet, or a single-user configuration to meet specific operational needs. The building is located directly across from the new Cape Canaveral Hospital, scheduled to open in 2027, featuring 120 beds, 25 emergency rooms, and 6 operating rooms. This creates ideal timing for a 2026 build-out, positioning occupants to benefit from increased patient demand upon hospital opening. Medical-grade infrastructure is already in place, including an emergency generator, UPS system, and ample power capacity. Parking is excellent with a ratio of 6.40 spaces per 1,000 square feet, exceeding typical medical office requirements. This is a rare opportunity to secure flexible medical office space in immediate proximity to a major new hospital development.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sykes Creek Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

238

LAND DETAILS

LAND ACRES

3.12 AC

LAND SF

135,907 SF

ZONING

BU1

APN/PARCEL ID

24-36-36-00-00265.0-0000.00

ASK ABOUT THIS PROPERTY

Jennifer BurnSpace Coast Professional PropertiesMore Info
321-723-4891

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Jennifer BurnSpace Coast Professional PropertiesMore Info
321-723-4891

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