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Ternion Medical Office 2 Properties Offered at $9,000,000 in Lake Worth, FL
Investment Highlights
- Medical Office - 10 year NNN Leases
- High Income Demographics
- Value-add - 5.31% cap going in, 8.64% yield year 4
- Existing Cash Flow & Development Potential
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, MDNow, 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.
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, MDNow, 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 | $9,000,000 | Status | Active |
| Price / SF | $825.84 / SF | Number of Properties | 2 |
| Sale Condition | Build to Suit | Individually For Sale | 0 |
| Cap Rate | 8.64% | Total Building Size | 10,898 SF |
| Sale Type | Investment NNN | Total Land Area | 2.91 AC |
| Price | $9,000,000 |
| Price / SF | $825.84 / SF |
| Sale Condition | Build to Suit |
| Cap Rate | 8.64% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,898 SF |
| Total Land Area | 2.91 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3884-3894 Blanchette Trl, Lake Worth, FL 33467 | Land | 1.31 AC | - | - |
| 8475 Lake Worth Rd, Lake Worth, FL 33467 | Office | 10,898 SF | 2025 | - |
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