Asking Price: $5,888,888
Cap Rate: 4.50%
- Growing trade area: One hour southeast of Orlando and midway between Jacksonville and Miami, Palm Bay is a thriving, business-friendly city with a high-tech, educated workforce. The community has a blend of new and established business clusters, competitive incentives, and a stable tax structure.
- Easily accessible location: The Property is positioned off Interstate 95 in close proximity to Palm Bay Hospital and is located at the signalized intersection of Malabar Road and Emerson Drive (39,200 VPD combined).
- Quality, long-term investment: This long-term lease (20 years) features five (5) percent increases every five (5) years starting in Year 11 and within each of the six (6) five-year options to extend. There are no landlord responsibilities.
- There are no features available