The Capital Markets Group of Cushman & Wakefield has been retained as the exclusive advisor for the sale of 3600 South Congress, a highly functional ±47,626-square-foot multi-tenant light industrial asset situated on approximately ±3.3 acres with 475 feet of prominent frontage along South Congress Avenue in Boynton Beach.
The Property is currently 93% leased to 11 tenants at rental rates below current market levels. With market rents approximately 13.5% above in-place rents and a short weighted average lease term (WALT) of 1.65 years, the asset provides future ownership with the opportunity to implement a near-term mark-to-market strategy, creating a clear path for continued revenue growth.