561-254-7810
4889 S Congress Ave, Lake Worth, FL for Sale
Medical - FOR SALE
1/26
null | 6.36% Cap Rate

4889 S Congress Ave
Lake Worth, FL 33461
Outer Greenacres


HIGHLIGHTS

  • 100% occupied, two-story freestanding medical building
  • Income in place with established NNN medical tenants
  • Over $500,000 in recent Capital Improvements
  • Minutes to JFK Medical Center & medical hub
  • Monument signage & strong visibility
  • Located in the Lake Worth/Atlantis Medical Corridor

OVERVIEW

4889 S Congress Avenue is a ±9,672 SF, two-story freestanding medical office building located in the established Lake Worth/Atlantis medical corridor. The property is 100% occupied by reputable NNN medical tenants and offered as a stabilized investment opportunity. Situated on ±0.72 acres along S Congress Avenue with approximately 34,500 vehicles per day, the building benefits from strong visibility, monument signage, and immediate access to Lake Worth Road and I-95. The property is located just 0.5 miles from JFK Medical Center, positioning it within one of Palm Beach County’s most concentrated healthcare hubs. Originally constructed in 1999 and extensively upgraded in recent years, the asset has received over $500,000 in capital improvements, including a new roof (2022), new A/C units, renovated elevator cab, upgraded landscaping, exterior repainting, and parking lot resealing and striping. With limited medical development sites in the submarket and increasing construction costs, this offering presents a well-maintained, income-producing medical asset in a high-demand healthcare corridor. To view the full OM, return signed confidentiality agreements to the brokerage team: jpiatek@mhcreal.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased Investment Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

CSH

APN/PARCEL ID

70-43-44-30-01-128-0010

ASK ABOUT THIS PROPERTY

Lesley SheinbergNAI/Merin Hunter Codman, Inc.More Info
561-254-7810

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Lesley SheinbergNAI/Merin Hunter Codman, Inc.More Info
561-254-7810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.