Cypress Medical Center (Humana)

Highlights

• New 10-Year NNN Leases (2024–2034)
• 2–3% Annual Rent Escalations
• S&P BBB Investment Grade Tenancy
• NNN Leases – Minimal Landlord Duties
• 2024 Full Renovation – New Roof, Plumbing, Landscaping
• Ample Parking – 54+ Spaces
• Strong Demographics – 90k+ Pop. & $109k HHI (5 mile)
• One of Fastest Growing Cities in FL – Double Digit Population Growth
• Prime Retail Corridor – Walmart, Target, Publix, Lowe’s, Starbucks Nearby
• Healthcare Hub – Anchored by AdventHealth Palm Coast & $145M AdventHealth Parkway Expansion (Opened 2023)

Description

This property offers an 11,756 SF building with 2 units, built in 2004 and zoned COM-2. Currently at 100% occupancy with new 10-year NNN leases, it boasts the security of S&P BBB investment-grade tenancy. The 2024 full renovation ensures top-notch quality, and the ample parking for 54+ vehicles and prime retail corridor location make it an ideal choice for office building investors seeking stability and growth in a thriving business hub.

Palm Coast, FL, is a vibrant city that seamlessly blends coastal tranquility with bustling business opportunities. This thriving area is conveniently located near major transportation routes, making it a prime choice for commuters and clients. Palm Coast offers a serene escape from the hustle and bustle of urban life, with a thriving economy and a wealth of outdoor recreational activities. From stunning shorelines to picturesque golf courses and captivating nature preserves like Princess Place Preserve and Washington Oaks Gardens State Park, the area provides an ideal balance of work and leisure. For office building investors seeking a dynamic and inviting business environment, Palm Coast is an enticing location with a perfect blend of professional and recreational appeal.