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6894 Lake Worth Rd - LAKE WORTH MEDICAL INCOME PROPERTY

2,320 SF Office/Medical Condo Unit Offered at $985,000 in Lake Worth, FL 33467

Executive Summary

This Medical Office property represents a rare opportunity in one of the most coveted commercial districts, offering both immediate appeal and long-term growth potential. Nestled in the heart of a bustling business hub, the property benefits from an outstanding location that provides easy access to transportation, a wide range of amenities, and a dynamic, high-traffic environment. The area is renowned for its concentration of Fortune 500 companies, leading financial institutions, and a thriving tech sector, ensuring continuous demand for premium office space. Key Features: Strategic Location: Situated in a high-traffic, highly visible area with direct access to major transportation arteries, including highways, metro stations, and bus routes. The location ensures maximum convenience for employees and clients. Modern and Flexible Space: The building boasts contemporary design, with flexible floor plans that can be customized to suit a wide range of business needs. The space offers high ceilings, ample natural light, and cutting-edge facilities. Strong Tenant Profile: Given the area's prestige and proximity to other leading companies, the property is positioned to attract and retain top-tier tenants. The location’s reputation for quality ensures high demand for office space in this building. Robust Investment Opportunity: With limited office supply in this prime location and growing demand, the property promises strong long-term capital appreciation, coupled with steady rental income. Local market trends indicate continued upward pressure on rental rates. This office property presents an exceptional opportunity for investors looking for a prime, high-demand location with strong future growth prospects. Whether for leasing or as a long-term hold, this property offers both immediate returns and substantial future value.

Property Facts

Price $985,000
Unit Size 2,320 SF
No. Units 1
Total Building Size 20,000 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 10,000 SF
Year Built 1983
Lot Size 1.00 AC
Parking Ratio 1.8/1,000 SF

1 Unit Available

Unit 104

Unit Size 2,320 SF
Price $985,000
Price Per SF $424.57
Condo Use Office/Medical
Sale Type Investment
Description

Fully renovated medical space with lobby, 4-exam rooms, break room, nurses station, restrooms, phlebotomy area and medical equipment supply room.

Sale Notes

Medical NNN income property with 3-year NNN lease located in Lake Worth minutes from Florida Turnpike.

Amenities

  • Bus Line
  • Signage

zoning

Zoning Code CS - Commercial Special (1904 - MEDIC OFFIC- BLDG UP TO 4 STORIES CONDO)
CS - Commercial Special (1904 - MEDIC OFFIC- BLDG UP TO 4 STORIES CONDO)
  • Listing ID: 33350881

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 6894 Lake Worth Rd, Lake Worth, FL 33467

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