8188 Jog RdBoynton Beach, FL 33472

Property Details for 8188 Jog Rd

Year built

1995

Construction

CONCRETE

Lot size

3.06 AC

Property size (Sq ft)

27,248 SF

Zone code

RS

Property type

Office properties

Property subtype

Office buildings

APN

00-42-45-15-13-001-0000

APU

424515130010000

Description

Aberdeen I, located at 8188 Jog Rd, Boynton Beach, FL 33472, presents a unique opportunity for medical professionals seeking prime office space in Palm Beach County. This Energy Star-certified building offers a total of 7,760 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 3,491 square feet and a maximum contiguous space of 4,269 square feet. The building's strategic location at the southeast corner of Jog Road and La Chalet Boulevard provides excellent visibility and accessibility. This medical office building is ideally situated to serve the growing healthcare needs of the community, benefiting from favorable demographics and strong demand. Competitive lease rates and tenant improvement allowances are available, making this an attractive option for establishing or expanding a medical practice. The building is classified as a multi-tenant property, offering flexibility for various practice sizes. Interested parties should inquire about lease terms and available incentives. The property boasts efficient operations, as evidenced by its Energy Star certification.

• CAP approach

  CAP return

  Valuation

  6%

  $8,413,706

  6.5%

  $7,766,498

  7%

  $7,211,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,300,284

  Geo Method

  $7,300,284

• Alternative Use

  Use

  Valuation

  Residential

  $9,630,457

  Hospitality

  $8,821,447

  Educational

  $7,339,340

  Medical

  $7,591,751

  Retail

  $11,416,751

Location Insight

City

Boynton Beach

County

Palm Beach

State

Florida

Latitude

26.5549

Longitude

-80.1489

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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