4400 N Congress Ave - Medical FOR SALE
West Palm Beach, FL 33407 |
4400 N Congress Ave
West Palm Beach, FL 33407
HIGHLIGHTS
- Owner-User Opportunity with Income: Can Immediately Occupy 21,000+ SF
- Rare Assumable Financing Available Offering 8%+ Cash on Cash Returns
- Recession Proof Tenant Base with 100% Collections Through Covid
- Below Market Rental Rates Almost 40% below Local Market Averages
- Offered Well-Below Replacement Cost and Low Basis Compared to Recent Office Sales
- Located Near Several Major Hospitals in a Premier Medical Office Market
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Congress Center North
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
42499
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
172
LAND DETAILS
LAND ACRES
2.29 AC AC
LAND SF
99,752 SF
ZONING
-
APN/PARCEL ID
74-43-43-06-06-000-0030
