Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Medical Office - 10 year NNN Leases
  • High Income Demos
  • Value-add - develop phase II

Executive Summary

Ternion Medical Office is a multiple
parcel assemblage consisting of a high-
quality medical office asset constructed
in 2025 and an adjoining development
site. There is substantial in-place,
stabilized NNN income and attractive
development conditions including a
tenant-in-tow and other meaningful
tenant demand that is unmet in the
immediate market.
This high income, high growth
submarket of Palm Beach County
is located at the first signalized
intersection west of the Florida Turnpike
interchange and in the path of growth
towards Wellington. Localized activity
is marked by household brand names
such as Cleveland Clinic, Tesla, Aldi,
Chipotle, Publix, MD Now, Starbucks,
Pulte, Lennar and more.
Ternion is one of those rare opportunities
where an obvious development
potential can be supported and
leveraged by existing cash flow and
leasing success.
Ternion is a long term store of value that
is perfect for today’s environment of
problematic inflationary conditions.

Property Facts

Price $12,725,550 CAD
Price / SF $845.16 CAD / SF
Sale Conditions
1031 Exchange
  • Build to Suit
Cap Rate 8.64%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 15,057 SF
Total Land Area 2.63 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3884-3894 Blanchette Trl, Lake Worth, FL 33467 Land 1.30 AC - -
8475 Lake Worth Rd, Lake Worth, FL 33467 Office 15,057 SF 2025 -
Show More > < Show Less
  • Listing ID: 41002634

  • Date on Market: 2026-06-20

  • Last Updated:

  • Address: Ternion Medical Office, Lake Worth, FL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}