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Woodbine Commons

4 Office Properties Offered at $7,950,000 in West Palm Beach, FL

Investment Highlights

  • 100% Occupied, Multi-Tenant
  • Under Market Rents
  • Diverse Tenant Mix
  • NNN Leases
  • Ten Ground Floor Office Suites

Executive Summary

Property Overview:
- KW East Boca with McCann Commercial present Woodbine Commons, a Mediterranean-style professional office center.
- Located in northern Palm Beach County, Florida, on the border of Palm Beach Gardens and West Palm Beach.
- Constructed in 2004, the property comprises 33,278 rentable square feet distributed over four buildings.
- The property spans 3.42 acres and includes 10 office/retail suites.
- Rents are approximately 25% below the surrounding market average, presenting a strong value-add opportunity for investors.
- Strategically positioned on N Military Trail with: High visibility and signage exposed to 29,000 vehicles per day.
- Supported by 129 dedicated parking spaces.
Tenant Profile:
- A diversified tenant mix includes:
- Medical offices.
- Professional service firms.
- Retail users.
Reach out directly to receive a comprehensive Offering Memorandum and gain Data Room access.

Property Facts

Price $7,950,000
Price / SF $241.05 / SF
Cap Rate 6.64%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 32,981 SF
Total Land Area 8.56 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
7731 N Military Trl, West Palm Beach, FL 33410 Office 5,600 SF 2003 -
7741 N Military Trl, West Palm Beach, FL 33410 Office 9,748 SF 2004 -
7751 N Military Trl, West Palm Beach, FL 33410 Office 5,128 SF 2005 -
7721 N Military Trl, West Palm Beach, FL 33410 Office 12,505 SF 2004 -
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  • Listing ID: 32173797

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: Woodbine Commons, West Palm Beach, FL

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