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8475 Lake Worth Rd 10,898 SF 100% Leased Office Building Lake Worth, FL 33467 $9,422,460 CAD ($864.60 CAD/SF) 6.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New Construction; 10yr NNN Leases; Signalized Intersection; 3,000+ new Units in Corridor; 5:1,000 Parking; 3 Monument Signs

EXECUTIVE SUMMARY

*** ASK ABOUT OWNER FINANCING ***
*** FULL 10yr. Rent Schedule Attached in "Brochures & Other Documents" ***
- 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 traffic light west of FL Turnpike Interchange
- 50,000+ ADT
- 3 Monument Signs
- 10 yr. terms, 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

ATTACHMENTS

Demagraphics
Full 1st Terms RentSchedule

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
10,898 SF
Building Class
B
Year Built
2025
Price
$9,422,460 CAD
Price Per SF
$864.60 CAD
Cap Rate
6.15%
NOI
$579,604 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,898 SF
Building FAR
0.16
Lot Size
1.61 AC
Zoning
CL-O - MUPD - Commercial Low Office; MUPD variance approved for Fee Simple building sales
Parking
55 Spaces (5.05 Spaces per 1,000 SF Leased)

AMENITIES

  • High Ceilings
  • Drop Ceiling
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Alignlife-chiropractic & Natural Health Center
  • Health Care and Social Assistance
  • 1,702 SF
  • $52.01 CAD
  • Triple Net
  • Mar 2036
  • Florida Eye Doctors
  • Health Care and Social Assistance
  • 2,298 SF
  • $63.11 CAD
  • Triple Net
  • Nov 2035
  • My Dentists of Lake Worth
  • Health Care and Social Assistance
  • 1,749 SF
  • $47.60 CAD
  • Triple Net
  • Jun 2034
  • Sawgrass CPA & Thomasevich Construction
  • Construction
  • 2,200 SF
  • $52.81 CAD
  • Triple Net
  • Dec 2034
  • Worth Kitchen & Bath
  • Construction
  • 1,200 SF
  • $52.81 CAD
  • Triple Net
  • Sep 2035
  • Young Orthodontics
  • Health Care and Social Assistance
  • 1,749 SF
  • $47.60 CAD
  • Triple Net
  • May 2034
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Alignlife-chiropractic & Natural Health Center Health Care and Social Assistance 1,702 SF $52.01 CAD Triple Net Mar 2036
Florida Eye Doctors Health Care and Social Assistance 2,298 SF $63.11 CAD Triple Net Nov 2035
My Dentists of Lake Worth Health Care and Social Assistance 1,749 SF $47.60 CAD Triple Net Jun 2034
Sawgrass CPA & Thomasevich Construction Construction 2,200 SF $52.81 CAD Triple Net Dec 2034
Worth Kitchen & Bath Construction 1,200 SF $52.81 CAD Triple Net Sep 2035
Young Orthodontics Health Care and Social Assistance 1,749 SF $47.60 CAD Triple Net May 2034
  • Listing ID: 33955045

  • Date on Market: 2024-11-21

  • Last Updated:

  • Address: 8475 Lake Worth Rd, Lake Worth, FL 33467

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