Centrepark West_Property for Sale
Centrepark West_Property for Sale
1661 Worthington Rd, 2101, 2301, 2400 Centrepark Drive W, West Palm Beach, FL, 33409, US

Centrepark West

Portfolio description

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.



Building area Net
16,277 m²
Year built
Centrepark West (4 Properties)
Centrepark West (4 Properties)


Investment Highlights

·       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

Centrepark West 4_Property for Sale
Centrepark West 4_Property for Sale

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Last updated
8 Aug 2023