8475 Lake Worth Rd - Medical FOR SALE


Lake Worth, FL 33467- Outer Royal Palm Beach/Wellington
$7,750,000 USD
561-512-7399
8475 Lake Worth Rd, Lake Worth, FL for Sale
$7,750,000 USD
Medical - FOR SALE
1/18
null | 5.06% Cap Rate

8475 Lake Worth Rd
Lake Worth, FL 33467
Outer Royal Palm Beach/Wellington


HIGHLIGHTS

  • Brand New Construction; Fresh New 10yr NNN Leases; Signalized Intersection; One Parcel from new Cleveland Clinic Hospital Campus site

OVERVIEW

***POTENTIAL FOR OWNER FINANCING FOR 1031 BUYERS BETWEEN $4,000,000 - $6,000,000 (on any principal gap at minimum AFR) INTEREST ONLY FOR 3 YEARS*** - Brand New Construction 2025 C.O. - 10,898SF Total SF in 3 buildings (8475 = 3,498SF; 8487 = 3,498SF; 8499 = 3,902SF) - 6 Tenants (2 each Building) Dentistry; Orthodontics; Optometry; Chiropractic Services; General Contracting; CPA - Signalized Intersection - 1st light west of FL Turnpike Interchange - 50,000+ ADT - 3 Monument Signs - 10 yr. term, NNN Leases, annual escalators - Wellington, FL Address - Metal Roofs (Hip Design) with Gutters - 5:1,000 Parking Ratio - NE Corner of Entrance to The Fields (DiVosta 1,000+ home Community) - Brand New Construction all 4 corners of intersection

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$711 USD /SF

CAP RATE

5.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

CL-O

APN/PARCEL ID

00-42-43-27-05-024-0617

ASK ABOUT THIS PROPERTY

Rett Waldman8475LWR, LLCMore Info
561-512-7399

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Rett Waldman8475LWR, LLCMore Info
561-512-7399

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