- For Sale $3,798,000
- Property Type Office - General Office
- Property Size 7,536 SF
- Units 1
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2004
- Date Updated Aug 12, 2026
Description
Located at the corner of Cypress Point Parkway and Belle Terre Parkway, just off I-95 at Palm Coast Parkway.7,536 SF Medical Office Space - Leased to Humana's Conviva Care Center.
Underwent a complete renovation in 2024, including new metal roof, plumbing, electrical, HVAC and sprinkler systems, with tenant improvements estimated at
over $400/SF.
Located in one of Flagler County's most established commercial corridors, at the SW quadrant of I-95 and Palm Coast Parkway.
Humana's Conviva Care Center is an investment-grade healthcare tenant serving primarily patients aged 55 and older - a demographic that supports steady, recession-resistant demand.
The lease is structured as NNN and professionally managed by a third-party, offering a passive ownership structure with built-in annual rent escalations of 2% across the initial term and renewal options.
Highlights
- 7,536 SF medical office leased to Humana Conviva Care Center
- Fully renovated in 2024 with significant capital improvements
- Investment-grade healthcare tenant serving the 55+ population
- NNN lease with 2% annual rent increases
- Prime location at I-95 & Palm Coast Parkway
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Contacts
John W. Trost
SVN | Alliance Commercial Real Estate Advisors
Location
Located at 20 Cypress Point Parkway, Suite 1, Palm Coast, FL 32164, this property is part of the Southwest Quadrant neighborhood and North Central Florida market.
Contact Listing Broker
John W. Trost
SVN | Alliance Commercial Real Estate Advisors
