ONE Commercial Real Estate is pleased to present this unique opportunity to acquire a 15,374-square foot, single-story, hospice/assisted living facility located at 661 Eyster Boulevard in the City of Rockledge in Brevard County, Florida. The improvements were constructed in 2011 and are situated on a 2.0-acre commercially-zoned site.
The property was designed as a hospice/assisted living facility and interior distributions consist of a lobby, reception, waiting areas, a conference room, staff workroom, private office rooms, restrooms, living/family and dining rooms, commercial kitchen, bereavement and spiritual/chapel rooms, an open meditation garden, a nourish room, administrative stations, mechanical, laundry and storage rooms, and a nurses’ station. The building is hospital-grade, with magnetically-triggered doors to assist in fire suppression. Separate air zones and a decontamination chamber remove and/or neutralize hazardous substances from people, equipment, and the environment. There is a back-up generator and sprinklers throughout the facility.
Accommodations for occupants consists of twelve (12) bedrooms with full in-unit bathroom facilities with an average area of 450 sq. ft., and have private screened porches with an average area of 100 sq. ft. All bedrooms have significant support facilities in each room; including bedside call buttons, bedside vacuum and oxygen taps, and upgraded electrical.
The subject will appeal to an owner/user or corporate entity providing health services to individuals on end-of-life care. Its location is desirable for this type of occupancy and considering the demand for these types of services, the subject should be able to obtain an above-average occupancy, rental rates, and sale price for the market area considering its above-average quality and condition as primarily a hospice facility.
Rockledge is the oldest incorporated municipality in Brevard County, on the Space Coast. Ranked as the #1 place to live in Florida by U.S. News & World Report, Florida’s Space Coast is committed to blending the arts, science and economic development into its energetic community. With something for everyone, it is where quality of life soars among a strong diversified economy.