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4400 N Congress Ave
West Palm Beach, FL 33407 West Palm Beach

Price Upon Request

Medical For Sale  •  42,499 SF

Property Details

  • Property Type Medical
  • Total Building Size 42,499 SF
  • Lot Size 2.29 AC
  • Building Class B
  • Year Built 1986
  • Tenancy Multiple
  • Zoning CPUD
37 Transit Score
38 Walk Score

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

Amenities

  • Signage
  • Drop Ceiling
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Mangonia Park (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 2.1 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 9 min - 4.5 mi
AirportDriveWalkDistance
Palm Beach International 15 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 132
Type: Surface
Included in Rent: Yes