January 19, 2022
SOLD – PALM BEACH OBGYN MEDICAL OFFICE BUILDING – LAKE WORTH BEACH, FLORIDA
JH Winokur, Inc. is pleased to announce the closing of a healthcare real estate sale transaction for Palm Beach Obstetrics & Gynecology anchored medical office building in Lake Worth Beach, Florida. The 100% fully-leased medical office building is also home to Laser Skin & Wellness center, a med spa facility known for providing various services, including skin rejuvenation, facial injectables, hair restoration, and weight loss planning. and Altus Clinic Research, a South Florida research site combining expert teams with trusted community physicians to bring safe, effective treatments to the people who need them. Palm Beach OBGYN offers obstetrics, gynecology, women’s health and cosmetic services, and women’s cancer treatment in Lake Worth Beach, Florida.
The medical office building tenants are all on long-term triple net leases with annual rental increases. The property is located 1/2 mile away from from JFK Medical Center, a 486-bed facility with over 500 physicians, 2200 healthcare professionals and 300 volunteers, specializing in cardiovascular care.
The charming city of Lake Worth Beach, located directly south of West Palm Beach on Florida’s southeast coast, is a haven for anglers, art lovers, and families offering plenty to do, from boating, saltwater and freshwater fishing, and water sports to popular festivals and beach bonfires.
J.H. Winokur brokerage represented a private investor in the purchase of the property.
