Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire the Centrepark West Portfolio, a multi-use business park in West Palm Beach. The Portfolio encompasses four, single-story multi-use buildings totaling 175,209 square feet on 11.1-acres with immediate access to Interstate 95 and the Palm Beach International Airport. The offering presents versatile arrangements for office and light manufacturing, including sought after direct access, roll-up doors, and ample surface parking. The Properties offer 4.3 years of WALT (Weighted Average Lease Term) and a 14 year WATT (Weighted Average Tenant Tenure) along with high quality investment grade tenancy.
· Four Single-Story Multi-Use Buildings in West Palm Beach
· Long Term High Quality Tenancy and Average Historical Occupancy Above 92%
· Excellent In-Place Cash Flow with Mark to Market Opportunity
· Assumable Interest-Only Financing at Below Market Rate
· Immediate Highway Access and Nearby Executive Housing
· West Palm Beach’s Rapid Growth