Professional/Medical

3175 South Congress Avenue, Palm Springs, FL

$4,400,000

Price

6%

Cap Rate

$258,746

NOI

Gallery
Street
Map
Overview
Cap Rate
6%
NOI
$258,746
Pro Forma Cap Rate
7.5%
Building Size
26,112 sqft
Lot Area
0.95 sqft
Occupancy
90%
Class
C
Year Built
1974
Price Per Sqft
$168
Tenancy
Multiple
Floors
4
Parking Spots
90
Year Last Renovated
2015
Number of Elevators
1
Restrooms
6
Investment Strategy
Value Add
Description

This office building is conveniently located a few minutes from I95. Less than 10 minutes to Downtown Lake Worth and Tri-Rail stop at Lake Worth Rd. Close proximity to new developments coming to Congress Ave in Lake Worth. The Building was recently updated with new digital lobby directory, redone lobby floors and elevators. With over 6 spaces per 1000 SF there is plenty of parking. Full penthouse floor available. Partially built out, Call for details or to schedule a tour.

Highlights
  • Plenty of Parking
  • Value Add Opportunity
  • Excellent Exposure on heavily traveled Intersection
  • New Developments in the Area
  • Optimal Access to I95
  • 2.2mi to JFK Hospital
Documents
Title
Offering Memorandum
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery