Palm Beach County Site Could Be Rezoned For Medical Office Project
The developer is planning a 60,000-square-foot facility.
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The developer is planning a 60,000-square-foot facility.
The building hit the market unpriced in February, according to an online listing. Occupancy was 55 percent at the time with a net operating income of $1.2 million.
The Portfolio consists of three medical office buildings that are 97% leased.
The project could be one of the largest construction projects of 2021 in the Bradenton area.
The buildings, which total 64,436 square feet, were 93.5% occupied at the time of the sale.