4889 S Congress Ave - Medical FOR SALE


Lake Worth, FL 33461
$3,950,000 USD
561-254-7810
4889 S Congress Ave, Lake Worth, FL for Sale
$3,950,000 USD
Medical - FOR SALE
1/13
null | 5.9% Cap Rate

4889 S Congress Ave
Lake Worth, FL 33461


HIGHLIGHTS

  • Fully Occupied: 100% leased to reputable medical tenants, providing immediate cash flow
  • Recent Upgrades: Over $500,000 in improvements, including a new roof, landscaping, and elevator renovation
  • Ideal Location: Located just half a mile from JFK Medical Center, in a highly visible location along S Congress Avenue
  • Ample Parking: 40 surface parking spaces available for tenant and visitor use
  • In Premier Medical Hub: Located in the well-known JFK Medical Centre community
  • Proximity to Major Roads: Easy access to I-95 and major arterial roads for convenience

OVERVIEW

Discover a fantastic investment opportunity at 4889 S Congress Avenue, a fully leased ±9,672 SF medical office building in Lake Worth. With long-term, established tenants in place, this property offers immediate cash flow and a solid 5.9% CAP rate. Strategically located near JFK Medical Center and just 1.5 miles from I-95, this two-story building features recent upgrades, including a new roof, fresh exterior paint, and enhanced landscaping. Boasting excellent visibility on a busy corridor and ample parking, this property is perfectly positioned for continued success in the thriving medical office market. To view the OM, fill out and send the Confidentiality Agreement in the documents/attachments to the brokerage team. For more details: 561 471 8000.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$408 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Medical/Office 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

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

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 Policy.