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Vacant-User

Lake Worth Multi-Tenant Medical Center

6045 Hagen Ranch Rd, Lake Worth, FL 33467

Listing Price: $5,700,000

Cap Rate
5.72%
Gross SF
10,799
Rentable SF
10,799
Price/Gross SF
$527.83
Lot Size
2.06 acres
Year Built
2015

Investment Overview

Marcus & Millichap, as exclusive agent, is pleased to market for sale 6045 Hagen Ranch Road in Lake Worth, Florida. 6045 Hagen Ranch Road is a 10,799 square foot multi-tenant medical center. The property is located on the southwest corner of the signalized intersection at Lantana Road and Hagen Ranch Road. It benefits strong demographics, where the average household income within a one-mile radius of the property is over $122,000. The property was built in 2015 and is 100% occupied, with a synergistic tenant mix comprised of nearly all medical users. It is situated on more than two acres of land, providing 5.95 parking spaces per 1,000 square feet.

Investment Highlights

  • Synergistic Tenant Mix Comprised of Over 87% Medical Users
  • Located on a Signalized Intersection of Lantana Road & Hagen Ranch Road with over 42,000 Vehicles Per Day
  • All NNN Leases are Structured with Annual Rental Increases
  • Average Household Income Over $122,000 within a 1-Mile Radius
  • 2015 Construction - Over Two Acre Parcel with 65 Parking Spaces (5.95 Parking Spaces Per 1,000 SF)

Exclusively Listed By

Financing By

Vacant-User

Lake Worth Multi-Tenant Medical Center

Listing Price: $5,700,000

Cap Rate
5.72%
Gross SF
10,799
Rentable SF
10,799
Price/Gross SF
$527.83
Lot Size
2.06 acres
Year Built
2015

Investment Highlights

  • Synergistic Tenant Mix Comprised of Over 87% Medical Users
  • Located on a Signalized Intersection of Lantana Road & Hagen Ranch Road with over 42,000 Vehicles Per Day
  • All NNN Leases are Structured with Annual Rental Increases
  • Average Household Income Over $122,000 within a 1-Mile Radius
  • 2015 Construction - Over Two Acre Parcel with 65 Parking Spaces (5.95 Parking Spaces Per 1,000 SF)

Investment Overview

Marcus & Millichap, as exclusive agent, is pleased to market for sale 6045 Hagen Ranch Road in Lake Worth, Florida. 6045 Hagen Ranch Road is a 10,799 square foot multi-tenant medical center. The property is located on the southwest corner of the signalized intersection at Lantana Road and Hagen Ranch Road. It benefits strong demographics, where the average household income within a one-mile radius of the property is over $122,000. The property was built in 2015 and is 100% occupied, with a synergistic tenant mix comprised of nearly all medical users. It is situated on more than two acres of land, providing 5.95 parking spaces per 1,000 square feet.

Exclusively Listed By

Financing By

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