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Office Medical

El Clair Medical Center

6080 Boynton Beach Blvd, Boynton Beach, FL 33437

Listing Price: $10,725,000

Cap Rate
6.49%
Gross SF
30,250
Rentable SF
28,203
Price/Gross SF
$354.55
Occupancy
100.0%
Year Built
2004
Lot Size
2.55 acres

Investment Overview

Marcus and Millichap is pleased to present The El Clair Medical Center, a 30,250 square-foot, 100% occupied, trophy medical office
building located at 6080 Boynton Beach Boulevard, Boynton Beach, Florida. Situated on a huge 2.55-acre lot on Boynton Beach
Boulevard, just east of Jog Road, The El Clair Medical Center is fully occupied by seven long term medical tenants and is anchored by
Rayus Radiology, a national provider of high-quality diagnostic imaging and interventional radiology thru its 153 locations and 200+
hospital partnerships and solutions in 50 States and Canada, since 2016. All tenants are on absolute triple net leases with 3-3.50%
annual rent increases with the average weighted term of six years remaining on the leases.
Located less than 4 miles from Baptist Health Bethesda Hospital and with easy access to Interstate-95, The El Clair Medical Center has
tremendous visibility with over 320 feet of direct frontage on Boynton Beach Boulevard and is surrounded by a tremendous residential
population as well as national retailers such as Publix, Sprouts Market, Target, Walgreens, Chase Bank, and many more.
The El Clair Medical Center offers an investor the rare opportunity to acquire a fully stabilized trophy medical building with long term
tenants on absolute triple net leases with annual increases in the heart of Palm Beach County.

Investment Highlights

  • Prime Palm Beach County Trophy 100% Occupied Medical Building
  • Long Term Tenants on absolute net leases with 3-350% Annual Rent Increases
  • Extremely High Barrier of Entry Market

Exclusively Listed By

Office Medical

El Clair Medical Center

Listing Price: $10,725,000

Cap Rate
6.49%
Gross SF
30,250
Rentable SF
28,203
Price/Gross SF
$354.55
Occupancy
100.0%
Year Built
2004
Lot Size
2.55 acres

Investment Highlights

  • Prime Palm Beach County Trophy 100% Occupied Medical Building
  • Long Term Tenants on absolute net leases with 3-350% Annual Rent Increases
  • Extremely High Barrier of Entry Market

Investment Overview

Marcus and Millichap is pleased to present The El Clair Medical Center, a 30,250 square-foot, 100% occupied, trophy medical office building located at 6080 Boynton Beach Boulevard, Boynton Beach, Florida. Situated on a huge 2.55-acre lot on Boynton Beach Boulevard, just east of Jog Road, The El Clair Medical Center is fully occupied by seven long term medical tenants and is anchored by Rayus Radiology, a national provider of high-quality diagnostic imaging and interventional radiology thru its 153 locations and 200+ hospital partnerships and solutions in 50 States and Canada, since 2016. All tenants are on absolute triple net leases with 3-3.50% annual rent increases with the average weighted term of six years remaining on the leases. Located less than 4 miles from Baptist Health Bethesda Hospital and with easy access to Interstate-95, The El Clair Medical Center has tremendous visibility with over 320 feet of direct frontage on Boynton Beach Boulevard and is surrounded by a tremendous residential population as well as national retailers such as Publix, Sprouts Market, Target, Walgreens, Chase Bank, and many more. The El Clair Medical Center offers an investor the rare opportunity to acquire a fully stabilized trophy medical building with long term tenants on absolute triple net leases with annual increases in the heart of Palm Beach County.

Exclusively Listed By

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