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2828 S Seacrest Blvd
Boynton Beach, FL 33435
Seacrest Medical Plaza · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
31,747 SF
Building Class
B
Year Built
1979
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,874 SF
Building FAR
0.36
Lot Size
2.04 AC
Zoning
C-1 - Commercial
Parking
135 Spaces (5 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Signage
  • Balcony

ABOUT 2828 S SEACREST BLVD , BOYNTON BEACH, FL 33435

Zeustra | Real Estate Investment Services has been retained on an exclusive basis to provide an investor the opportunity to acquire 2828 S. Seacrest Blvd. in Boynton Beach, Florida. Postured on 2.04 acres, this 31,747 square foot multi-tenant Medical Office building is essentially “On Campus”. Impeccably located within two hundred yards (200 yards), directly across the street from the Bethesda Hospital East. At 84% leased, the property’s cash flow is entirely contractual, eliminating any near-term exposure to leasing or rollover risk. Fixed annual rent increases between two and four percent (2%-4%) steadily increase the net operating income over the lease term positively impacting the property’s residual valuation. The property will generate a year one proforma net operating income of $410,512 as detailed below. • Rentable Square Feet: 31,747 SF • Tenancy: Multi-Tenant • Lease Structure: NNN • Projected NOI: $410,512 • Annual Escalations: 2%-4%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-43-45-33-14-000-0151
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,400,000
  • Listing ID: 12610871

  • Date on Market: 5/18/2018

  • Last Updated:

  • Address: 2828 S Seacrest Blvd, Boynton Beach, FL 33435

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