Woodbine Commons
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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.
- 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 | Number of Properties | 4 |
Price / SF | $241.05 / SF | Individually For Sale | 0 |
Cap Rate | 6.64% | Total Building Size | 32,981 SF |
Sale Type | Investment | Total Land Area | 8.56 AC |
Status | Active |
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 | - |
7721 N Military Trl, West Palm Beach, FL 33410 | Office | 12,505 SF | 2004 | - |
7751 N Military Trl, West Palm Beach, FL 33410 | Office | 5,128 SF | 2005 | - |
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McCann Commercial
Woodbine Commons
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