Medical For Sale • 58,500 SF
| Stabilized Multi-Tenant Office Property: 62,748 square feet of office space with 90.7% occupancy and a diversified tenant roster. |
| Durable In-Place Cash Flow: Generates $1,116,180 of in-place NOI with projected income growth driven by leasing and rental rate upside. |
| Prominent Lake Worth Road Frontage: Positioned along a major Palm Beach County corridor with traffic counts exceeding 51,700 vehicles per day. |
| Significant Capital Investment: Over $1.2 million invested in capital improvements since 2014. |
| Strong Parking Ratio: Approximately 336 surface parking spaces, equating to 5.4 spaces per 1,000 SF. |
| Regional Accessibility: Convenient access to Interstate 95, Florida’s Turnpike, and Palm Beach International Airport. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 11 min | - | 5.5 mi |
| Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 17 min | - | 9.8 mi |
| Airport | Drive | Walk | Distance |
| Palm Beach International | 16 min | - | 8.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 336 |
| Type: | Surface |
| Included in Rent: | Yes |