Historical Office Sale Listing - 4400 PGA Blvd

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4400 PGA Blvd

4400 PGA Blvd, Palm Beach Gardens, FL 33410

N/A

80,323 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
80,323 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
7%
Occupancy:
61%
Building Class:
B
Tenancy:
Multiple
Listing ID
17454219
Last Updated
over 1 year ago

Description

The Property is a ten-story multi-use commercial office complex with 80,323 sq. ft. of rentable area located at the gateway to Palm Beach County. The property has 8,000 sf floor plates with a central core containing 3 elevators, stairwell, bathrooms, and utility chases. The building shares a spacious 3-story atrium with an attached full-service Embassy Suites Hotel. An attached 4-story parking garage provides a minimum of 4 / 1000 parking ratio with an enclosed air-conditioned walkway directly into the office building lobby. Constructed of steel frame, concrete/stucco, and glass windows set in aluminum frames the property has been institutionally managed and maintained since it was built in 1989. An interior renovation/repositioning program has commenced with a brand new lobby, signage program, and upper floor common areas. The exterior features manicured lawns, lush landscaping, attractive entryway signage/sculpture, and a ground-floor bank branch with drive-thru tellers.

Located at the southwest corner of Interstate 95 and PGA Boulevard, the property is located in the heart of the PGA / Palm Beach Gardens office submarket at the most desirable intersection in Palm Beach County. Easy access to Us-1, Alternate A1A, Interstate 95, Florida' s Turnpike, and 441 from the property make commuting and travel throughout the county extremely easy. Available rooftop signage affords the buyer or future anchor tenant the ability to "re-brand" the building with unparalleled visibility from I-95.

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Created 12/15/2011