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Sykes Creek Professional Center 255 N Sykes Creek Pky 37,180 SF 47% Leased Office Building Merritt Island, FL 32953 $12,000,000 ($322.75/SF)

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
37,180 SF
Building Class
B
Year Built
1978
Price
$12,000,000
Price Per SF
$322.75
Percent Leased
47%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,000 SF
Building FAR
0.27
Lot Size
3.12 AC
Zoning
BU1 - BU-1 General Retail Commercial
Parking
238 Spaces (6.4 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

In 2004, Neuroskeletal Imaging, fondly known as NSI, was founded and incorporated on an ideal that centered on patient care and satisfaction. They believe that outpatient radiological facilities should be owned and operated by board-certified and licensed radiologists, which allows for non-biased medical care to be efficiently coordinated with physicians and other medical providers. NSI maintains itself at the peak of technology at their multiple cutting-edge facilities. Scheduling and appointments take place between the hours of 7:00 AM and 11:00 PM. Some special scans require one of their radiologists to be present, but their well-trained staff will do their best to accommodate your specific scheduling needs.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 105
  • 1,525 SF
  • Office
  • Full Build-Out
  • Now

1st Floor Medical or Professional Office Suite with private door entry facing the new Cape Canaveral Hospital - Large Reception/Nurse working area, 4 Exam Rooms with water, 1 Doctors office.

  • 2nd Fl-Ste 200
  • 1,881-18,000 SF
  • Office
  • Full Build-Out
  • Now

Build to Suite - Renovation of entire 2nd floor - Brand New Build Out - great opportunity to create the Medical or Professional Office Suite as needed - Entire 2nd Floor Available up to 18,000/SF contiguous. This Building is across the Street from the new Cape Canaveral Hospital.

Space Size Space Use Condition Available
1st Fl-Ste 105 1,525 SF Office Full Build-Out Now
2nd Fl-Ste 200 1,881-18,000 SF Office Full Build-Out Now

1st Fl-Ste 105

Size
1,525 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size
1,881-18,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 105

Size 1,525 SF
Space Use Office
Condition Full Build-Out
Available Now

1st Floor Medical or Professional Office Suite with private door entry facing the new Cape Canaveral Hospital - Large Reception/Nurse working area, 4 Exam Rooms with water, 1 Doctors office.

2nd Fl-Ste 200

Size 1,881-18,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Build to Suite - Renovation of entire 2nd floor - Brand New Build Out - great opportunity to create the Medical or Professional Office Suite as needed - Entire 2nd Floor Available up to 18,000/SF contiguous. This Building is across the Street from the new Cape Canaveral Hospital.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-36-36-00-00265.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,568,260
  • Listing ID: 39032176

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 255 N Sykes Creek Pky, Merritt Island, FL 32953

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