Ternion Medical Office FOR SALE


$9,000,000 USD
786-325-9981
, Lake Worth, FL for Sale
$9,000,000 USD
FOR SALE
1/2
null | 8.64% Cap Rate

Ternion Medical Office
Lake Worth, FL
Outer Royal Palm Beach/Wellington


HIGHLIGHTS

  • Medical Office - 10 year NNN Leases
  • Value-add - develop phase II
  • High Income Demos

OVERVIEW

Ternion Medical Office is a multiple parcel assemblage consisting of a high- quality medical office asset constructed in 2025 and an adjoining development site. There is substantial in-place, stabilized NNN income and attractive development conditions including a tenant-in-tow and other meaningful tenant demand that is unmet in the immediate market. This high income, high growth submarket of Palm Beach County is located at the first signalized intersection west of the Florida Turnpike interchange and in the path of growth towards Wellington. Localized activity is marked by household brand names such as Cleveland Clinic, Tesla, Aldi, Chipotle, Publix, MD Now, Starbucks, Pulte, Lennar and more. Ternion is one of those rare opportunities where an obvious development potential can be supported and leveraged by existing cash flow and leasing success. Ternion is a long term store of value that is perfect for today’s environment of problematic inflationary conditions.

ASK ABOUT THIS PROPERTY

Ken NagidSolutions REMore Info
786-325-9981

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Ken NagidSolutions REMore Info
786-325-9981

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