Executive Summary

The New Downtown Palmetto Bay Medical Hub shall serve the community, the patients, and the resident health care providers in the modern, concierge style medical office suite that is the new standard for doctors and patients alike. By providing transportation, a large welcome center lobby, and coordinated patient logistics, our resident health care providers enjoy the benefits of optimized time and space utilization. The swelling need for health care in our ideal demographic area coupled with our proven model will yield successful practice results for decades to come.

The Facility

We understand that a successful medical business needs a place that helps it grow and succeed. Because we specialize in commercial real estate, we already know the special concerns that you have in finding the right space – one that works for right now and that lets you grow.

The New Downtown Palmetto Bay Medical Hub [The Hub] has been designed by a doctor to be an ambulatory care center devoted to medical care for outpatient services. The Hub will provide a leasable space of approximately 77,000 square feet with structured parking in addition, on a sizable land area at a crossroads of Palmetto Bay and Cutler Bay in South Miami-Dade. There is easy access from all four directions and Public transportation. (See map with major arteries.) The location is convenient to major hospitals which will welcome a single healthcare destination to provide for the medical needs of the community at a cost far less than that of a hospital bed.

Off-campus medical office buildings represent a safe, stable investment in light of current demand and the increasing need for medical services for an aging population.

“Absorption: Demand for medical office space remains strong and is outpacing new supply. Net absorption totaled 22.1 million square feet over the 12 months to mid-year 2022, up from 12.5 million square feet during the prior 12 months.” Colliers U.S. Research Report: Q3 2022.

Tenant Services

As a specialized care facility, The Hub is designed to be patient-friendly, in an easily accessible location. But just as important, it is also designed to provide centralized Tenant support services to reduce each medical practitioner’s individual burden of administrative and operating responsibilities, while also lowering those operating costs to each Tenant. (Reception, etc.) the Hub is the brainchild of doctors who understand the unique needs of those who practice medicine. In other words, let the doctors do what they do best.

On-site management shall be provided by a full-time office operated by an accredited Institute of Real Estate manager who is licensed by the State of Florida. Our response time to tenant issues or building service needs will be measured in minutes, not hours or days. Our new state-of-the-art facility provides protection against weather event interruptions of utility services. Unlike other locations, our facility enjoys a unique advantage, our utilities are all underground. Add back-up power generation and one can see, our building will be open and ready for business.

Labor shortage & Retention of personnel are major problems for medical facilities. The Hub is in an area with demographics that suggest low turnover in residency and taps into parts of the County where people want to work. Residents from affordable living areas such as Perrine, South Dade, and as far South as Homestead, will find the commute manageable. Not only will this aid in recruitment, it will also serve to create stability in staff retention. Public transportation service is very nearby and widely used in this part of the County. Our on-site Realty services will be available to help with housing for staff members. Good public schools, private, and charter schools are nearby as are childcare facilities, both of which will a boon to workers with children.