4600 Linton BlvdDelray Beach, FL 33445

Property Details for 4600 Linton Blvd

Year built

2010

Construction

STEEL FRAME

Lot size

2.58 AC

Property size (Sq ft)

33,411 SF

Zone code

SAD

Property type

Healthcare properties

Property subtype

Medical offices

APN

12-42-46-25-20-008-0000

APU

12424625200080000

Description

This exceptional Class A medical office space, located at 4600 Linton Blvd in Delray Beach, Florida, offers 2,933 square feet of bright, well-maintained office space. Situated in Palm Beach County, this property enjoys a prime location between I-95 and Military Trail, less than a mile from Delray Medical Center. Built in 2011, the building boasts high ceilings and a modern design, ideal for a variety of medical or professional office uses. The suite is available for sublease with over four years remaining on the lease, including a five-year renewal option at market rate. The lease is structured as a triple net (NNN) lease at a rate of $27.55 per square foot. The entire 33,000 square foot building is currently comprised of a single suite, though the minimum divisible space is 2,933 square feet, and the maximum contiguous space is also 2,933 square feet. This presents a unique opportunity for a business seeking a well-located, high-quality office space in a thriving Delray Beach community. The property has been meticulously maintained since its construction and offers a comfortable and productive work environment. The zip code is 33445.

• CAP approach

  CAP return

  Valuation

  6%

  $10,276,003

  6.5%

  $9,485,542

  7%

  $8,808,003

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,951,475

  Geo Method

  $8,951,475

• Alternative Use

  Use

  Valuation

  Residential

  $11,762,072

  Hospitality

  $10,773,994

  Educational

  $8,963,837

  Medical

  $9,272,117

  Retail

  $13,943,746

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4389

Longitude

-80.1153

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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