100% Leased NNN Medical Office

Investment Overview

4889 S Congress Avenue is a 100% leased, ±9,672-square-foot medical office investment property located in Lake Worth, Florida, near the JFK Medical Center healthcare hub. 6.39% current cap rate; 6.5% beginning February 2027. This two-story asset is fully occupied by three established healthcare practices on NNN leases with annual rent escalations, providing investors with immediate cash flow and built-in income growth. The property has also benefited from more than $500,000 in recent improvements, including a new roof, renovated second floor, renovated elevator cab, two new HVAC units, refreshed exterior paint, upgraded landscaping and monument signage, and a resealed and restriped parking lot. The building includes 40 surface parking spaces, a covered porte-cochere, approximately 105 feet of frontage along S Congress Avenue and prominent building and monument signage. Positioned within the established Lake Worth/Atlantis medical corridor, the property sits approximately half a mile from JFK Medical Center, minutes from the 6th Avenue South I-95 interchange, and within a short drive of Florida's Turnpike. The location combines proximity to a major healthcare ecosystem with strong demographics and high visibility along S Congress Avenue, which sees approximately 34,500 vehicles per day. For investors seeking a fully leased medical office building for sale in Palm Beach County, 4889 S Congress Avenue offers a compelling combination of strong tenancy, NNN lease structure, scheduled rent growth, recent capital improvements, and an established medical location. View the full Offering Memorandum or call (561) 471-8000 for more information.

Investment Highlights

• 100% leased ±9,672 SF medical office investment
• 6.5% CAP Rate beginning February 2027
• Established tenants with NNN leases and annual escalations
• More than $500,000 in recent property improvements
• ±105 feet of frontage along S Congress Avenue with prominent signage
• Near JFK Medical Center & the surrounding healthcare hub