Congress Center North | 100% Occupied West Palm Beach Office Building
West Palm Beach, FL
Opportunity to acquire a 7% cap rate, fully-occupied, two-story, 41,861 SF, suburban office building in West Palm Beach, Florida. Congress Center North is 100% occupied, with established mostly non-profit tenants, and achieved 100% collections through COVID. The property provides a stable income and offers upside potential by increasing rents closer to market levels.
The property is well-located and convenient to JFK Medical Center, St. Mary's Medical Center, Palm Beach International Airport, Magnolia Park Commuter Station, Bear Lakes Country Club, Palm Beach Outlets, downtown West Palm Beach, the Florida Turnpike, and Interstate-95.