West Palm Medical Center is situated at 4700 N Congress Avenue, West Palm Beach, Florida, and is a well-maintained medical office building. The property is within South Florida’snorthern most county, Palm Beach County. The property is a 42,357-square-foot multi-tenant medical office building that has an 80-year leasehold interest.
The leasehold interest is owned by Columbia Hospital andhas an annual rent of one hundred dollars ($100) each year. The hospital has a Right of First Refusal to any lease for space at the property. The property was constructed in 1987 and underwent renovation in 2011 & 2021. The property is situated on a 5.11-acre parcel along Congress Avenue, a major north-south thoroughfare that sees an average annual traffic count of 28,000 vehicles per day.
Notably, West Palm Medical Plaza is proximate to and within very brief walking distance of the HCA Florida JFKNorth Hospital campus, which also abuts Congress Avenue. The property is also less than a 10-minute drive from St. Mary’s Medical Center. The proximity to these hospital systems allows for a strong synergy between the property’s tenants and patients through their cohesive outpatient services programs.
The leasehold interest is owned by Columbia Hospital andhas an annual rent of one hundred dollars ($100) each year. The hospital has a Right of First Refusal to any lease for space at the property. The property was constructed in 1987 and underwent renovation in 2011 & 2021. The property is situated on a 5.11-acre parcel along Congress Avenue, a major north-south thoroughfare that sees an average annual traffic count of 28,000 vehicles per day.
Notably, West Palm Medical Plaza is proximate to and within very brief walking distance of the HCA Florida JFKNorth Hospital campus, which also abuts Congress Avenue. The property is also less than a 10-minute drive from St. Mary’s Medical Center. The proximity to these hospital systems allows for a strong synergy between the property’s tenants and patients through their cohesive outpatient services programs.
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