Twitter
Facebook
Email
|
506 4th Ave W, Palmetto | Leased Medical Office $1,000,000 · 3,171 SF · NOI $59,556Fully leased, single-tenant medical office occupied by Millennium Medical on a NNN lease with annual rent escalations and two 2-year renewal options "” a passive, inflation-hedged income stream with no landlord responsibility for taxes, insurance, or maintenance. The purpose-built medical layout includes seven exam rooms, three private physician offices, a dedicated lab, and a staff kitchen/lounge. Three new HVAC systems were recently installed, eliminating the largest near-term capital expense a buyer would otherwise face. At $315/SF with in-place NNN rent of $18.78/SF, the property offers durable cash flow with built-in growth in Palmetto's expanding Manatee County medical corridor.
| DAYS ON MARKET | 16 | LAST UPDATED | 8/24/2026 |
|---|---|---|---|
| TRACT | EAST PALMETTO | YEAR BUILT | 1978 |
| COMMUNITY | 34221 - Palmetto/Rubonia | COUNTY | Manatee |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34221 - Palmetto/Rubonia |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Block, Concrete, Stucco |
| LOT | 0.6 acre(s) |
| SUBDIVISION | EAST PALMETTO |
| TAXES | 8760 |
| UTILITIES | Electricity Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Marilyn
Kuczynski to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Lily Behrends, RE/MAX ALLIANCE GROUP, 941-360-7777
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/7/26 3:43 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.